BRIEF-nVent To Acquire The Electrical Products Group Business Of Avail Infrastructure Solutions-February 2024-www.financetom.com

BRIEF-nVent To Acquire The Electrical Products Group Business Of Avail Infrastructure Solutions

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BRIEF-nVent To Acquire The Electrical Products Group Business Of Avail Infrastructure Solutions

Mar 10, 2025 3:52 AM

March 10 (Reuters) - nVent Electric PLC ( NVT ):

* NVENT TO ACQUIRE THE ELECTRICAL PRODUCTS GROUP BUSINESS OF

AVAIL

INFRASTRUCTURE SOLUTIONS

* NVENT ELECTRIC PLC ( NVT ) - TO ACQUIRE AVAIL INFRASTRUCTURE

SOLUTIONS

FOR $975 MILLION

* NVENT ELECTRIC PLC ( NVT ) - EXPECTS ACQUISITION TO BE ACCRETIVE

TO EPS

IN FIRST YEAR

* NVENT ELECTRIC PLC ( NVT ) - TO FUND ACQUISITION WITH AVAILABLE

CASH ON

HAND

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