Global safety equipment manufacturer MSA Safety Incorporated (NYSE: MSA) announced on September 1 the terms of a proposed cash acquisition of United Kingdom-based Latchways plc (LSE: LTC), a provider of innovative fall protection systems and solutions, for £11 per share.
• Represents a key step in the execution of MSA’s corporate strategy by expanding its investment in one of the largest and fastest growing product segments of the global safety market.