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Avail Infrastructure Solutions (AVAIL) entered a definitive agreement to sell its Electrical Products Group to nVent Electric plc for $975 million, with the transaction expected to close in the first half of 2025.
“The agreement to divest the Electrical Products Group within AVAIL to nVent represents the continued transition of AZZ into a focused industry leading provider of metal coating solutions.”investor.azz.com
Summarized from public sources; check the original articles before acting on it.