NasdaqGS:FLEXElectronic
Flex EP2 Deal Deepens Critical Power And AI Grid Ambitions
Flex (NasdaqGS:FLEX) has entered a definitive all cash agreement to acquire Electrical Power Products, also known as EP2.
The deal is intended to expand Flex's Critical Power portfolio and its presence in utility and industrial end markets.
EP2 adds power distribution and control capabilities that align with Flex's focus on Critical Power solutions.
The acquisition is expected to be accretive to adjusted earnings per share in the first full fiscal year after closing.
For you as an investor,...