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Ecolab Inc. shares rise 1.02% intraday after acquiring Ovivo's Electronics division for $1.8 billion.
ByAinvest
Wednesday, Aug 13, 2025 9:56 am ET1min read
Ecolab Inc. rose 1.02% in intraday trading, with the company agreeing to acquire the Electronics division of Ovivo Inc. for $1.8 billion. The acquisition is expected to generate double-digit returns and be immediately accretive to Ecolab's sales growth. Additionally, Jefferies lifted its price target on Ecolab to $315 from $310, further boosting investor confidence.
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