🔴 Xylem is trading 4.77% down today in after-hours trading after agreeing to acquire two pump businesses

Xylem is trading 4.77% down now at $116.11 in after-hours trading after its August 11 announcement of an agreement to acquire Cornell Pump and Roper Pump from Indicor for $1.46 billion.

• The businesses are expected to generate more than $260 million in 2026 revenue, with EBITDA margins above 30%; the transaction is expected to be accretive to adjusted earnings per share in 2027.
• The decline is company-specific, contrasting with modestly positive broader markets on August 12.
• The transaction remains subject to regulatory approval and is expected to close during the fourth quarter of 2026.