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Altra Industrial Motion Corp. Announces Acquisition By Regal Rexnord Corporation

Benzinga

Regal Rexnord has fully committed debt financing and there are no financing conditions associated with the transaction. The Company ended the quarter with total gross debt of $1.06 billion and net debt* of approximately $860 million. Net Income for the third quarter of 2022 was $33.6 million, or 7.2%