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Idex Corporation

Flowserve Corporation, a provider of flow control products and services for the global infrastructure markets, has submitted a binding offer to acquire the equity of SIHI Group, a global provider of engineered vacuum and fluid pumps and related services, from TBG Europe for consideration of approximately EUR 298M. Flowserve anticipates funding the transaction with cash on hand and debt, with closing expected to occur early in first quarter of 2015.