3M to acquire harnesses safety firm

MANUFACTURING giant 3M has signed a definitive agreement to acquire global provider of fall protection equipment Capital Safety from KKR for a $US2.5 billion.

3M to acquire harnesses safety firm 3M to acquire harnesses safety firm 3M to acquire harnesses safety firm 3M to acquire harnesses safety firm 3M to acquire harnesses safety firm

The deal includes assumption of $700 million of debt, net of cash acquired.

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