Gardner Denver nears merger deal with division of Ingersoll-Rand
April 28, 2019 at 20:22 PM EDT
Gardner Denver Holdings Inc. is nearing a deal to merge with a division of Ingersoll-Rand PLC, according to people familiar with the matter, in a combination that would create the world’s second-largest manufacturer of industrial pumps and compressors with a market capitalization of around $11.6 billion.