Flex Ltd. agreed to acquire Electrical Power Products, Inc. for approximately $1.1 billion in an all-cash deal. The transaction expands Flex's engineered power control and protection systems capabilities and strengthens its industrial electronics offerings. The deal is a material, company-level strategic move likely to affect Flex shares, though financing details and timing were not disclosed.
Flex Ltd. agreed to acquire Electrical Power Products, Inc. for approximately $1.1 billion in an all-cash deal. The transaction expands Flex's engineered power control and protection systems capabilities and strengthens its industrial electronics offerings. The deal is a material, company-level strategic move likely to affect Flex shares, though financing details and timing were not disclosed.
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