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Hillenbrand, Inc. to Acquire Milacron Holdings Corp.

BATESVILLE, Ind. & CINCINNATI--(BUSINESS WIRE)--Hillenbrand, Inc. (NYSE: HI) and Milacron Holdings Corp. (NYSE: MCRN) today announced that they have entered into a definitive agreement under which Hillenbrand will acquire Milacron in a cash and stock transaction valued at approximately $2 billion, including net debt of approximately $686 million as of March 31, 2019.