Wesco Acquisition Of Newark Deepens Data Center Ties To Southeast Asia

WESCO International (NYSE:WCC) has entered a definitive agreement to acquire Singapore based Newark Engineering Group. Newark Engineering Group provides engineered cooling solutions and lifecycle services for data centers across Southeast Asia. The deal expands WESCO’s data center cooling capabilities and its presence in the Southeast Asia region. For investors tracking NYSE:WCC, this move comes with the stock trading around $344.21 and showing strong longer term performance, with the share…Read More