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Slide #69. Sensata Technologies Holding N.V. — Wabash Technologies
Sensata Technologies Holding N.V. (NYSE:ST)
Sensata Technologies Holding N.V. (NYSE: ST) announced today that certain subsidiaries have reached an agreement to acquire Wabash Technologies, Inc. from an affiliate of Sun Capital Partners, Inc. Terms of the acquisition were not disclosed. The transaction is not subject to regulatory review and is expected to close in January.
Sensata Technologies Holding is a holding company. Through its subsidiaries, Co. is an industrial technology company. Co.'s segments are: Performance Sensing, which primarily serves the automotive and heavy vehicle and off-road industries through development and manufacture of sensors, high-voltage contactors, and other products used in systems and applications such as those in subsystems of automobiles, on-road trucks and off-road equipment; and Sensing Solutions, which primarily serves the industrial and aerospace industries through development and manufacture of a portfolio of application-specific sensor and electrical protection products used in a range of industrial markets.
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Buy (3.05 out of 4)