The Zhitong Finance App learned that on Friday, Modin Manufacturing (MOD.US) surged by more than 32% to $141.72. According to the news, according to reports, people familiar with the matter said that Samsung Electronics is in talks to acquire data center cooling system manufacturer Modine Manufacturing. The two sides are discussing a potential deal, which could be reached in the next few weeks as soon as possible. Modine Manufacturing currently has a market value of about 5.6 billion US dollars. People familiar with the matter said that no final decision has been made yet, negotiations may still break down, and other bidders may also appear.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that on Friday, Modin Manufacturing (MOD.US) surged by more than 32% to $141.72. According to the news, according to reports, people familiar with the matter said that Samsung Electronics is in talks to acquire data center cooling system manufacturer Modine Manufacturing. The two sides are discussing a potential deal, which could be reached in the next few weeks as soon as possible. Modine Manufacturing currently has a market value of about 5.6 billion US dollars. People familiar with the matter said that no final decision has been made yet, negotiations may still break down, and other bidders may also appear.
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