(Il Sole 24 Ore Radiocor) - Milano, 30 mar - Flex said it had agreed to acquire Electrical Power Products in an all-cash deal valued at around 1.1 billion dollars.

Texas-based Flex, a global provider of manufacturing services and advanced manufacturing solutions, said the deal would allow the company to play a larger role in modernizing US electrical infrastructure.

The acquisition, which includes about 100 million dollars in anticipated tax benefits, is expected to be accretive to Flex's adjusted per-share earnings in the first full year after closing.

The transaction is expected to close in the first quarter of.

Flex's fiscal year 2027.

(RADIOCOR) 30-03-26 16:19:02 (0435) 5 NNNN