© Reuters.
NASHVILLE – Atmus Filtration Technologies Inc. (NYSE: ATMU), a provider of filtration solutions, has officially announced its separation from Cummins Inc (NYSE:)., commencing operations as an independent entity. The announcement was made today, marking a significant transition for the company, which has a history spanning over six decades.
Steph Disher, CEO of Atmus, expressed optimism about the company’s future, emphasizing a commitment to delivering the filtration solutions that customers have come to expect. Disher highlighted the company’s strategy and the dedication of its global team in pursuing Atmus’s mission to protect what is important and create a better future.
In a simultaneous announcement, Cummins revealed the acceptance of approximately 5.57 million shares of its own common stock in exchange for roughly 67.05 million shares of Atmus common stock….
