PEP: UPDATE 1-NN Inc to buy Precision Engineered Products for $615 mln
Aug 17 (Reuters) - Metal bearing components maker NN Inc said it agreed to buy Precision Engineered Products Holdings Inc for $615 million in cash to expand in medical, electrical, and aerospace end markets.
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PEP is a global manufacturer of surgical and medical devices, as well as highly engineered stampings, moldings, and surface finishing technologies.
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