SPX Corp. to sell Transformer Solutions sub for $645 million to GE-Prolec
SPX Corp.
SPXC,
+2.65%
announced Wednesday an agreement to sell its SPX Transformer Solutions Inc. subsidiary for $645 million in cash to GE-Prolec Transformers. The deal is expected to close during the second half of 2021. GE-Prolec is subsidiary of…
