GE Vernova Inc. (NYSE: GEV) today announced that it has signed an agreement to acquire Trench Group ("Trench"), a global leader in high-voltage grid equipment, from investment firm Triton Partners.
B USD equivalent purchase price, currently expected to be funded equally with cash and debt, reflects 13x 2028 adjusted EBITDA* before synergies; close expected in late 2027 CAMBRIDGE, Mass., (October ...