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Stock impact report

Flex (FLEX) Announces $1.1B Acquisition to Boost Power Infrastructure Capabilities [Yahoo! Finance]

Flex Ltd. - Ordinary Shares (FLEX) 
Last flex ltd. - ordinary shares earnings: 1/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.flex.com/home/default.aspx
Company Research Source: Yahoo! Finance
On March 30, Flex Ltd. (NASDAQ:FLEX) announced a definitive agreement to acquire Electrical Power Products for approximately $1.1 billion in cash, a transaction expected to be accretive to adjusted EPS within the first full fiscal year post-close. The acquisition enhances Flex's exposure to power infrastructure markets, adding a business with anticipated revenue of approximately $323 million and a mid-to-high teens EBITDA margin profile, while also strengthening its capabilities in engineered power control systems critical for utilities, industrials, and data centers. Previously, on March 12, Baird initiated coverage of Flex Ltd. (NASDAQ:FLEX) with an Outperform rating and a $70 price target, highlighting the company's improving growth and margin profile. The firm pointed to Flex's power segment as particularly attractive, given its role in supporting increasing energy demands driven by AI infrastructure, and sees a clear pathway for further margin expansion as the business mix shi Show less Read more
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