nVent Electric Strikes $975 Million Deal To Power Up Infrastructure: Details
Acquisition Announcement: nVent Electric plc is set to acquire the Electrical Products Group of Avail Infrastructure Solutions for $975 million, which is expected to enhance its offerings and capabilities in infrastructure solutions.
Market Reaction: Following the announcement, nVent's shares dropped 2.81% to $53.52 in premarket trading, with the acquisition anticipated to be accretive to earnings in the first year post-completion.
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Acquisition Announcement: nVent Electric plc is set to acquire the Electrical Products Group of Avail Infrastructure Solutions for $975 million, which is expected to enhance its offerings and capabilities in infrastructure solutions.
Market Reaction: Following the announcement, nVent's shares dropped 2.81% to $53.52 in premarket trading, with the acquisition anticipated to be accretive to earnings in the first year post-completion.







