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Vertiv to buy Utility Innovation Group for $1.45 billion

Vertiv to buy Utility Innovation Group for $1.45 billion

- Vertiv Holdings VRT.N said on Wednesday it would acquire Utility Innovation Group, a provider of microgrid solutions and advanced power control systems for data centers, for about $1.45 billion in cash.


(Reporting by Apratim Sarkar; Editing by Anil D'Silva)

((Apratim.Sarkar@thomsonreuters.com;))

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