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0.000296992900420062 0.000185852878860925 0 3.71705757721849E-05 0.000529680704754057 0.000427461621380338 0.00273203731925791 0.00154220718878931
Stock impact report

Ecolab Inc. (ECL): On the Cusp of Breakout Growth on CoolIT Systems Purchase [Yahoo! Finance]

Ecolab Inc. (ECL) 
Last ecolab inc. earnings: 4/28 08:30 am Check Earnings Report
US:NYSE Investor Relations: investor.ecolab.com
Company Research Source: Yahoo! Finance
other lenders to join a $4.8 billion financing backing Ecolab Inc.'s (NYSE:ECL) purchase of CoolIT Systems. Ecolab Inc. (ECL) On the Cusp of Breakout Growth on CoolIT Systems Purchase The proposed financing deal would involve the sale of investment-grade bonds. According to S&P Global Ratings, the issuance of investment-grade bonds is expected to push Ecolab's debt levels higher in the short term but is unlikely to affect the credit metric in the long term. Ecolab is pursuing an acquisition of CoolIT Systems to capitalize on surging demand for liquid cooling in artificial intelligence-driven data centers. CoolIT Systems has made a name for itself in the design and manufacture of liquid cooling systems used by hyperscale and colocation operators. Ecolab also plans to use CoolIT Systems' hardware and thermal engineering to complement its own strengths in water chemistry and digital monitoring. The acquisition is expected to generate about $550 million in sales over the next 12 m Show less Read more
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