ADVANCED M&A Monday, October 5, 2026 +0.20 Positive

Advanced Drainage Systems to sell interest in subsidiary Xylem

Advanced Drainage Systems entered into a definitive agreement with Stormtrap Investments, L.L.C. to sell its interest in StormStrap, Inc., for $585 million in cash.

View original filing at SEC.gov →
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.

Get real-time financial news in your trading bot or app

START FREE — 10,000 calls/day, no key needed