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KeyBanc Maintains Flex Ltd(FLEX.US) With Buy Rating, Announces Target Price $46
Flex Ltd has completed the acquisition of Crown Technical Systems company.
shanghai, November 26, 2024 / PRNewswire / -- Flex Ltd (NASDAQ: FLEX) recently announced the completion of the previously announced all-cash acquisition of Crown Technical Systems for $0.325 billion. Crown Technical Systems is a leading company focused on comprehensive integrated power distribution and protection systems. This acquisition further enhances Flex's exposure in the rapidly growing, increasingly profitable end markets (including the adoption of modular datacenters and medium voltage power distribution).
Executive Reshuffles: MFC, LYB, IDXX and TEX
Daily short sale tracking: Flex Ltd's short volume increased by 20 million, with a short sale ratio of 35%
Unusual Options Activity: AAL, BABA and Others Attract Market Bets, AAL V/OI Ratio Reaches 121.5
Express News | Flex Ltd - Jaime Martinez to Remain With Flex During CFO Transition