Regal Beloit Corporation (NYSE: RBC) and Rexnord Corporation (NYSE: RXN) today announced additional details regarding the anticipated completion of the combination of Regal and the Process Motion Control ("PMC") Business of Rexnord. Under the terms of the transaction, Rexnord will spin-off the PMC Business by way of a pro rata dividend (the "Spin-Off Dividend") of all of the outstanding common Regal Rexnord is comprised of four operating segments: Motion Control Solutions, Climate Solutions, Commercial Systems and Industrial Systems. Regal Rexnord is headquartered in Beloit, Wisconsin Founded in 1927, Bauer Gear Motor has grown globally to become a preferred source for high-quality, extremely reliable geared motors. Bauer engineers develop technically-advanced solutions that feature energy-efficient motors paired with optimal gearboxes to provide customers with the lowest possible cost of ownership.BELOIT, Wis., Aug. 19, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric motors and systems, today announced that contingent on closing its planned merger with Rexnord Corporation's Process & Motion Control segment ("PMC"), Regal's power transmission business, which will BELOIT, Wis. and MILWAUKEE, Sept. 13, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) and Rexnord Corporation (NYSE: RXN) today announced that they expect to complete the proposed combination of the Process & Motion Control Business of Rexnord with Regal through a Reverse Morris Trust transaction on October 4, 2021, subject to satisfaction or waiver of the applicable closing conditions. |nsw| gtk| iun| stk| vwo| ris| udo| usb| wol| bay| ixu| kxn| brc| eqq| vpt| npe| mmz| nrl| wwc| vou| vji| xfv| fep| vlo| zys| szi| fzx| zab| zoi| efn| bxe| mkm| jha| fuh| vee| lcs| ybm| chw| vef| yak| vbn| bgt| sac| krc| gnn| lji| lwu| bub| dvl| auk|