John Bean Technologies Corporation JBT announced that it signed a definitive contract to sell its AeroTech business to Oshkosh Corporation OSK for $800 million. The all-cash transaction is expected to ...
John Bean Technologies has become a pure FoodTech play following the sale of its AeroTech business. The company's core business is trading at demanding valuations after dilution from the AeroTech sale ...
John Bean Technologies has proven to be a solid value creator over time. With the sale of the AeroTech business, the company becomes a pure-play on FoodTech, and under leveraged play as well. I like ...
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