03:11 AM EST, 11/05/2026 (MT Newswires) -- Bekaert (BEKB.BR) agreed to purchase Thailand-based Dextra, which manufactures engineered steel and fiber reinforced polymer construction products, at an enterprise value of 140 million euros on a cash- and debt-free basis. The Belgian steel wire company said Thursday it anticipates completing the deal during the first half of 2027, subject to regulatory approvals and customary closing conditions. Bekaert will finance the purchase through its existing cash balances and credit facilities and expects the transaction to be immediately accretive to its EPS.

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