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Instead, Fortive chose to spin the business off to shareholders in October 2020 without first having the IPO. [ 38 ] [ 39 ] Upon separation, Vontier replaced Noble Energy as a member of the S&P 500 .
Vontier Corporation is an industrial manufacturing company headquartered in Raleigh, ... In October 2020, Fortive completed the corporate spin-off of 80% of Vontier. [3]
However, they have not been associated with Mac since Matco Tools was formed in 1979. Former corporate owner Danaher spun off several subsidiaries, including Matco, in 2016 to create Fortive. [4] Fortive, in turn, spun off Matco and other brands as Vontier in 2020. [5]
The ratings are, however, constrained by the company's meaningful concentration in retail refueling markets, operated through GVR, and expected revenue volatility as the business transitions from ...
In June 2016, Danaher spun off several subsidiaries, including Matco and AMMCO-COATS, to create Fortive. [29] In September of the same year, the company announced it would acquire Cepheid for $4 billion (including debt). [30] In October 2016, Danaher Corporation acquired Phenomenex for $700 million to expand its life sciences space. [31]
Juxta, a business venture by Vontier Corp., reached the agreement with Golden Pantry, which plans to place a “Nomad" mini-store in Wire Park in Watkinsville.
Vontier: Market capitalization change. [44] February 12, 2021: MPWR: Monolithic Power Systems: FTI: TechnipFMC: TechnipFMC was removed from the S&P 500 in anticipation of its announced spin-off of Technip Energies. [45] January 21, 2021: TRMB: Trimble: CXO: Concho Resources: S&P 500/100 constituent ConocoPhillips acquired Concho Resources. [46 ...
Comcast stock was up about 2% in premarket trading, to over $43/share, off its 52-week high of $47.11. In regular trading, Comcast shares closed up 1.6% Wednesday as major market indexes were flat ...