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A. O. Smith To Acquire Pureit From Unilever For About $120 Million In Cash
Global water technology company A. O. Smith Corp. (AOS) announced Monday that it has signed an agreement to acquire Pureit from Unilever plc (UL) for a purchase price of approximately $120 million in cash, subject to customary adjustments.
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A.O. Smith Slashes FY22 Outlook As Q3 Prelim. Results Miss Estimates, But Boosts Dividend 7%
While providing preliminary third-quarter results on Thursday, A.O. Smith Corp. (AOS) said its earnings for the quarter declined 13% to $0.71 per share from last year's $0.82 per share. Adjusted earnings were $0.69 per share, compared to $0.81 per share for the year-ago quarter.
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