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Tuesday, March 5, 2013

Deals of the day -- mergers and acquisitions, (NYSE: GDI)

The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday: ** Private equity firm KKR & Co LP is nearing a deal to purchase industrial machinery maker Gardner Denver Inc and could announce the agreement in the next few days, two people familiar with the matter said on Monday.** China's Sinopec is looking for oil and gas assets in North America to expand its business, its chairman said on Tuesday.

Gardner Denver, Inc. (Gardner Denver) designs, manufactures and markets engineered industrial machinery and related parts and services. Shares of GDI remained unchanged at $73.62. In the past year, the shares have traded as low as $45.54 and as high as $76.57. On average, 1285430 shares of GDI exchange hands on a given day and today's volume is recorded at 0.