Tagged DOV

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Dover Corp May Spinoff/Sell Energy Bizs

DOWNERS GROVE, Ill., September 12, 2017 – Dover (NYSE: DOV) today announced that it is exploring strategic alternatives for the separation of its upstream energy businesses within its Energy segment, collectively, the “Wellsite” business. The Company is considering options which may include a tax-free spin-off, sale or other strategic combination. Dover’s Wellsite business, including Dover Artificial…

Dover Corp to Spin Off Communications Unit

Dover’s Board of Directors has unanimously approved a plan to spin off certain of its communication technologies businesses into a standalone, publicly traded company. Upon completion of the spin off, the new company, Knowles Corporation, will be an independent, global technology and market leader in the communication technologies space.  Knowles will have significant product breadth…

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