ITT Completes SPX FLOW Acquisition with Estimated $3.0 Billion Net Consideration
ITT Inc. closed its acquisition of SPX FLOW on March 2, 2026. After purchase price adjustments, the net merger consideration was estimated at about $3.0 billion, paid as about $2.3 billion in cash and $0.7 billion in ITT common stock, and ITT agreed to register that stock for the seller, which adds potential future share supply for shareholders.
Key points
- Net merger consideration estimated at about $3.0 billion: about $2.3 billion in cash and $0.7 billion in ITT shares, as of the Purchase Agreement date
- Total consideration was previously announced in December 2025 as $4.775 billion
- SPX FLOW reported 2025 revenue of more than $1.3 billion and organic orders growth of 14%
- ITT must file a shelf registration statement for the stock consideration no later than 90 days after closing
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 02, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.