Allegion Plc To Acquire ELATEC

Neutral -0.5

(RTTNews) - Allegion plc (ALLE), through one of its subsidiaries, has signed a definitive agreement to acquire ELATEC, including Elatec GmbH and other group entities, from Summit Partners for 330 million euros on a cash-free, debt-free basis. ELATEC is a manufacturer of security
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