Core Viewpoint - Flowserve Corporation has completed the divestiture of its wholly owned subsidiary BW/IP - New Mexico, Inc., which holds asbestos liabilities, to Acorn Investment Partners, thereby eliminating its financial exposure to these liabilities [1][2]. Financial Impact - Flowserve contributed $199 million in cash and insurance assets to BW/IP as part of the divestiture [2]. - The company anticipates a one-time loss of approximately $140 million in the fourth quarter of 2025, which will be excluded from adjusted earnings per share [3]. Company Overview - Flowserve Corporation is a leading provider of fluid motion and control products and services, operating in over 50 countries and producing engineered and industrial pumps, seals, and valves [4].