CHARLOTTE, N.C.,2021年7月26日/PRNewswire/ -- SPX FLOW, Inc. (NYSE: FLOW), a leading provider of process solutions, today announced that its Board of Directors has authorized a review of strategic alternatives, including a possible sale or merger of the Company and the continued execution of the Company's standalone strategy. Previously, the Company announced that its Board of Directors had received and rejected an unsolicited, conditional, non-binding proposal from Ingersoll Rand Inc. (NYSE: IR) to acquire all outstanding shares of SPX FLOW common stock for$85.00per share. This followed a similar unsolicited proposal fromIngersoll Randfor$81.50per share.

在与法律和财务顾问进行了仔细的审查之后，并在成立了旨在评估潜在交易的独立董事委员会的建议下，董事会得出结论，这些提案并未鉴于董事会对董事会对增加潜力的信心，并未充分重视公司与公司成功执行其战略计划相关的利润率和增长。

由于有兴趣的各方收到的其他询问，董事会认为，启动对广泛的战略替代方案的审查是适当的，目的是为我们的股东带来最大的价值。在外部顾问的协助下，该公司希望与多方互动，并受到习惯机密性和其他保护，分享与公司及其增长计划有关的其他信息。

No assurances can be given regarding the outcome or timing of the review process. SPX FLOW does not intend to make any further public comment regarding the review until it has been completed or the Company determines that disclosure is required or appropriate.

Morgan Stanley & Co. LLC is serving as SPX FLOW's financial advisor and Winston & Strawn LLP is acting as its legal advisor.

About SPX FLOW, Inc.

基于Charlotte, N.C., SPX FLOW, Inc. (NYSE: FLOW) improves the world through innovative and sustainable solutions. The company's product offering is concentrated in process technologies that perform mixing, blending, fluid handling, separation, thermal heat transfer and other activities that are integral to processes performed across a wide variety of markets for nutrition, health and precision solutions. SPX FLOW had approximately14亿美元in 2020 annual revenues and has operations in more than 30 countries and sales in more than 140 countries. To learn more about SPX FLOW, please visitwww.tata-josette.com.

本公告中包含的某些陈述不是历史事实，包括有关未来市场状况，运营结果和财务预测的任何陈述，都是前瞻性陈述，因此是潜在的。这些前瞻性陈述受风险，不确定性和其他因素的影响，这些因素可能导致实际结果与未来明示或暗示的结果有实质性差异。

尽管SPX流动认为188bet滚球在其前瞻性陈述中反映出的期望是合理的，但它不能保证这种期望将被证明是正确的。未来运营结果的估计是基于公司的持续运营，这些操作可能会发生变化。

Particular risks facing SPX FLOW include risks relating to economic, business and other risks stemming from changes in the economy, the impact of the COVID-19 pandemic, our international operations, legal and regulatory risks, cost of raw materials, and pricing pressures. More information regarding such risks can be found in SPX FLOW's SEC filings.

Statements in this presentation are only as of the time made, and SPX FLOW does not intend to update any statements made in this presentation except as required by regulatory authorities.

Investor Contact:
斯科特·加夫纳（Scott Gaffner）
副总裁，投资者关系和战略见解
704-752-4485
investor@spxflow.com

Media Contact:
梅利莎·布彻（Melissa Buscher）
Chief Communications and Marketing Officer
704-449-9187
Melissa.buscher@spxflow.com

SOURCE SPX FLOW, Inc.