WASHINGTON (dpa-AFX) - Veralto Corp. (VLTO), Wednesday announced the decision to invest about $15 million in Axine Water Technologies, establishing a minority interest in the electrochemical oxidation technology provider.
The investment also includes a commercial agreement in North America with the Company's Trojan Technologies business to expand the reach of Axine in municipal and industrial markets.
During the pre-market hours, Veralto's stock is trading at $103.75 on the New York Stock Exchange.
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