Flex to acquire Electrical Power Products for ~$1.1B all-cash

FLEX LTD.

All-cash transaction valued at ~$1.1B (~$1.0B after tax benefits).
Acquisition expected to be accretive to adjusted EPS in first full year post-close.
EP2 revenue ~$323M (FY ending Mar 2026); mid to high-teens adj. EBITDA margin.
Expands Flex's Critical Power portfolio; adds Iowa manufacturing campus and engineering talent.
Close expected Q1 FY2027, subject to HSR clearance and customary conditions.

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