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VRT — Vertiv Holdings News Story

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Brief: Vertiv Completes Acquisition Of UtilityInnovation Group

BRIEF-Vertiv Completes Acquisition Of UtilityInnovation Group

- Vertiv Holdings Co VRT.N:

  • VERTIV COMPLETES ACQUISITION OF UTILITYINNOVATION GROUP

  • VERTIV - ACQUISITION EXPECTED TO BE ACCRETIVE TO ADJUSTED EPS IN FIRST YEAR FOLLOWING COMPLETION

  • VERTIV - UNIT COMPLETES ACQUISITION OF UTILITYINNOVATION GROUP FOR $1.45 BILLION IN UPFRONT CASH

  • VERTIV - DEAL INCLUDES UP TO $1.15 BILLION CONTINGENT CASH CONSIDERATION BASED ON EBITDA TARGETS

Source text: ID:nPn85CM3ga

Further company coverage: VRT.N


((Reuters.Briefs@thomsonreuters.com;))

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