TE Connectivity plc /
Richards Manufacturing Co.
TE Connectivity agrees to buy Richards Manufacturing Co.
What happened
TE Connectivity plc has entered into a definitive agreement to buy Richards Manufacturing Co. from funds managed by Oaktree Capital Management, L.P. and members of the Bier family.
Richards is a provider of utility grid products and a leader in underground distribution equipment.
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TE Connectivity agrees to buy Richards Manufacturing Co.
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