BRIEF-Vertiv To Buy Fluid Management Services Provider PurgeRite For Nearly $1 Billion-November 2024-www.financetom.com

BRIEF-Vertiv To Buy Fluid Management Services Provider PurgeRite For Nearly $1 Billion

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Vertiv To Buy Fluid Management Services Provider PurgeRite For Nearly $1 Billion

Nov 3, 2025 3:49 AM

Nov 3 (Reuters) - Vertiv Holdings Co ( VRT ):

* VERTIV ANNOUNCES INTENT TO ACQUIRE PURGERITE, A LEADING

PROVIDER

OF SPECIALIZED FLUID MANAGEMENT SERVICES, TO EXPAND LIQUID

COOLING SERVICES PORTFOLIO

* VERTIV HOLDINGS CO ( VRT ) - ACQUISITION VALUED AT $1.0 BILLION

WITH

POTENTIAL $250 MILLION EARN-OUT

* VERTIV HOLDINGS CO ( VRT ): ACQUISITION IS ANTICIPATED TO BE

MARGIN

ACCRETIVE TO VERTIV'S SERVICES BUSINESS

Source text:

Further company coverage:

Previous page： Apellis Pharmaceuticals Q4 Net Loss Narrows, Revenue Rises Next page： ING Comments on Canadian Dollar

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Apellis Pharmaceuticals Q4 Net Loss Narrows, Revenue Rises

Feb 28, 2025

07:19 AM EST, 02/28/2025 (MT Newswires) -- Apellis Pharmaceuticals ( APLS ) reported a Q4 net loss Friday of $0.29 per diluted share, narrower than its loss of $0.73 per share a year earlier. Analysts polled by FactSet expected a loss of $0.37. Revenue for the quarter ended Dec. 31 was $212.5 million, up from $146.4 million a year earlier....

ING Comments on Canadian Dollar

Feb 28, 2025

07:18 AM EST, 02/28/2025 (MT Newswires) -- USD/CAD rallied Thursday as United States President Donald Trump outlined a tariff schedule that explicitly includes duties on Canada and Mexico from next Tuesday, said ING. The pair is currently embedding around 2% of risk premium, according to the bank's short-term fair value model. That is above the 1.5 standard deviation, but still...

NextDecade Outlines Development Plan for Expansion Capacity at Texas Project

Feb 28, 2025

07:20 AM EST, 02/28/2025 (MT Newswires) -- NextDecade ( NEXT ) said Friday it plans to expand capacity at the Rio Grande liquefied natural gas facility site in Texas beyond trains 1 through 5. The company is developing and preparing to begin the permitting process for train 6 and commencing the development of trains 7 and 8, Chief Executive Matt...

TeraWulf Narrows 2024 Loss Amid Higher Revenue

Feb 28, 2025

07:18 AM EST, 02/28/2025 (MT Newswires) -- TeraWulf ( WULF ) reported a 2024 loss Friday of $0.21 per diluted share, narrowing from $0.35 a year earlier. Analysts polled by FactSet expected a loss per share of $0.15. Revenue for the year ended Dec. 31 was $140.1 million, compared with $69.2 million a year earlier. Analysts polled by FactSet expected...