SAMSUNG ELECTRONICS CO LTD is in talks to acquire MODINE MANUFACTURING CO in a deal that values the United States-listed cooling systems maker at $5.6B, according to people familiar with the matter.
Samsung in Talks to Buy Modine
Samsung Electronics is reportedly in discussions to acquire Modine Manufacturing. The US-based cooling systems maker saw its shares surge following the news. Talks remain ongoing with no final agreement yet reached.
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