🟢 Vertiv is trading 4.29% up today after completing $1.45 billion UtilityInnovation Group acquisition

Vertiv is trading at $208.36, up 4.29%, after completing its $1.45 billion acquisition of UtilityInnovation Group on October 27.

• The deal adds microgrid and advanced power-control capabilities for data centers.
• It includes up to $1.15 billion in contingent payments tied to EBITDA targets.
• Vertiv expects the acquisition to be accretive to adjusted earnings per share in the first year. AI-related tech enthusiasm also offers supportive sector context.