Ecolab is nearing a deal to acquire data-center cooling company CoolIT Systems from KKR for $4.5–$5.0 billion, according to the Wall Street Journal. The deal would add specialized data-center cooling technology and scale to Ecolab's portfolio; confirmation could move Ecolab and KKR-linked stocks by a few percent but is unlikely to have market-wide impact.
Ecolab is nearing a deal to acquire data-center cooling company CoolIT Systems from KKR for $4.5–$5.0 billion, according to the Wall Street Journal. The deal would add specialized data-center cooling technology and scale to Ecolab's portfolio; confirmation could move Ecolab and KKR-linked stocks by a few percent but is unlikely to have market-wide impact.
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