Core Viewpoint - ITT has announced a definitive agreement to acquire SPX FLOW, indicating a strategic move to enhance its market position and capabilities in the industrial process sector [1]. Group 1: Acquisition Details - The acquisition of SPX FLOW was discussed during a conference call, highlighting the importance of this transaction for ITT [1]. - Key executives from ITT, including the CEO, CFO, and Chief Strategy Officer, participated in the call to provide insights into the acquisition [1]. Group 2: Forward-Looking Statements - The company has indicated that the comments made during the call will include forward-looking statements based on current expectations, which may differ from actual results due to various risks and uncertainties [2].
ITT Inc. (ITT) M&A Call Transcript