Flex to acquire EPC Power for $4.4B cash; boosts AI data center power

FLEX LTD.

Flex (FLEX) to buy all EPC Power equity for $4.4B cash from Charge Parent LLC; close expected Q4 2026.
EPC Power revenue ~$800M in 2026; 40% organic growth and ~30% EBITDA margin expected in 2027.
Acquisition adds 800V grid-forming power conversion with 15+ GW deployed across 62 countries.
EPC Power to join Flex's Cloud and Power Infrastructure segment ahead of planned Q1 2027 spin-off.
Flex secured $4.4B 364-day bridge facility; plans to replace with debt and equity financing.

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