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Flex announced a definitive agreement to acquire Electrical Power Products, Inc. (EP²), a provider of engineered-to-order electrical power control and protection systems, for approximately $1.1 billion in cash. EP² operates a manufacturing campus in Des Moines, Iowa.
“Flex (NASDAQ: FLEX) announced today that it has entered into a definitive agreement to acquire Electrical Power Products, Inc. ("EP 2 "), a leading provider of engineered-to-order electrical power control and protection systems.”prnewswire.com
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