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via seekingalpha.comCapital Markets

Archrock to acquire HiVolt Energy in $450 million deal

FROM THE WIRE · SEEKINGALPHA.COM

Archrock agrees to buy HiVolt Energy for up to $450M, with $415M upfront; the deal is expected to immediately boost EPS and cash available for dividends.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA mid-sized acquisition the company expects to immediately boost EPS and dividend cash flow.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Archrock will buy HiVolt Energy for up to $450 million.
  2. 02Upfront payment is $415 million.
  3. 03The deal is expected to immediately boost EPS and cash available for dividends.

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