Movement Alert｜Vertiv Holdings LLC Intraday Rise 3.25% in Regular Trading, KES Acquisition Supports Liquid Cooling Expansion

Market Focus10-26 23:03

On October 26, Vertiv Holdings LLC rose 3.25% in Regular Trading, trading at $200.08 per share, with turnover of $317 million.

The move coincided with the company’s completion of its acquisition of King Environmental Services, an Ireland-based provider of fluid management, commissioning and load-testing services for liquid-cooled data centers.

According to the company, the transaction expands Vertiv Holdings LLC’s thermal management service capabilities across Europe, the Middle East and Africa, extending its end-to-end liquid-cooling service platform for high-density AI data center deployments. Financial terms were not disclosed, and the company said the deal is not expected to materially affect overall financial results. The update arrived two days before its October 28 earnings release, for which the market expects revenue of $3.76 billion and adjusted EPS of about $1.82 to $1.83.

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