Brief: Nvent To Acquire Maverick Power
BRIEF-Nvent To Acquire Maverick Power Aug 24 (Reuters) - nVent Electric PLC NVT.N:
NVENT TO ACQUIRE MAVERICK POWER
NVENT ELECTRIC - TO BUY MAVERICK POWER FOR $1.75 BILLION
NVENT ELECTRIC - ACQUISITION EXPECTED TO BE ACCRETIVE TO ADJUSTED EPS IN FIRST YEAR
NVENT ELECTRIC - TO FUND ACQUISITION WITH CASH AND NEW DEBT
NVENT ELECTRIC - DEAL INCLUDES UP TO $550 MILLION ADDITIONAL CASH CONSIDERATION BASED ON PERFORMANCE
Source text: ID:nGNX1CKw4v
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