Ingersoll Rand Announces Details for Anticipated Completion of Spin-Off and Subsequent Merger of its Industrial Segment

Ingersoll-Rand plc (NYSE: IR) today announced that it has set a record date of February 24, 2020 for the proposed spin-off of its Industrial segment. The spin-off and the previously announced merger are expected to be completed on February 29, 2020, subject to certain remaining conditions including the approval by the stockholders of Gardner Denver Holdings, Inc. (NYSE: GDI).