Fortive announces intent to proceed with its transformation via a spin-off of 80.1% of vontier

Fortive announces intent to proceed with its transformation via a spin-off of 80.1% of vontier.fortive corp - separation will occur by means of a spin-off of 80.1% of outstanding shares of vontier common stock to fortive shareholders.fortive corp - upon completion of spin-off, fortive will retain a 19.9% stake in vontier.fortive corp - when completed, transaction will result in two independent, publicly traded companies.
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