GE Vernova (GEV) jumped 4.4% pre-market Wednesday after saying it agreed to acquire high-voltage grid equipment manufacturer Trench Group from investment-firm Triton Partners for $9B in cash and debt, while also reporting stronger-than-expected Q3 results and raising full-year…
GE Vernova to Buy Grid Equipment Maker Trench in $9B Deal, Raises Revenue Forecast Again
GE Vernova (GEV) jumped 4.4% pre-market Wednesday after saying it agreed to acquire high-voltage grid equipment manufacturer Trench Group from investment-firm Triton Partners for $9B in cash and debt, while also reporting stronger-than-expected Q3 results and raising full-year...