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Ecolab confirms deal to buy CoolIT Systems for $4.75B (ECL:NYSE)
Ecolab (ECL) has announced an agreement to acquire data center cooling company CoolIT Systems from KKR (KKR) for $4.75 billion in cash. This acquisition is set to create a comprehensive fluid management and cooling platform specifically for AI data centers. Ecolab anticipates that CoolIT will contribute significantly to its strategic offerings.