Brief: Hubbell To Acquire Nsi Industries
04/05/2026 12:35
May 4 (Reuters) - Hubbell Inc HUBB.N: HUBBELL TO ACQUIRE NSI INDUSTRIES HUBBELL INC - TO BUY NSI INDUSTRIES FOR $3.0 BILLION IN CASH HUBBELL INC - DEAL VALUED AT $3.0 BILLION, REPRESENTS ~15.5X ANTICIPATED 2026 EBITDA HUBBELL INC - DEAL EXPECTED ACCRETIVE TO HUBBELL AND HES ADJUSTED OPERATING MARGINS AND LONG-TERM ORGANIC GROWTH HUBBELL INC - TO FINANCE DEAL WITH CASH AND DEBT; OBTAINS FULLY COMMITTED BRIDGE FINANCING Source text: ID:nGNX3JM0fz Further company coverage: HUBB.N ((Reuters.Briefs@thomsonreuters.com;))
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