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Funds managed by Blackstone Energy Transition Partners entered into a definitive agreement to acquire a majority stake in Advanced Cooling Technologies, a U.S. manufacturer of thermal management solutions.
“Blackstone (NYSE: BX) and Advanced Cooling Technologies, Inc. (“ACT”) announced today that funds managed by Blackstone Energy Transition Partners (“Blackstone”) have entered into a definitive agreement to acquire a majority stake in ACT, a leading U.S. manufacturer of highly-engineered thermal manag”barchart.com
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