Hubbell Power Systems to acquire Aclara for $1.1 billion

Hubbell Power Systems has entered into a definitive agreement to acquire Aclara, an affiliate of Sun Capital Partners, for approximately $1.1 billion in an all-cash transaction. The deal is expected to close in Q1 2018.

“Hubbell Power Systems announced it has entered into a definitive agreement to acquire Aclara, an affiliate of Sun Capital Partners Inc. for approximately $1.1 billion in an all-cash transaction.”tpomag.com

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