MasTec Agrees to Acquire The Superior Group in $1.65 Billion Deal
MasTec (MTZ) has agreed to acquire electrical contractor The Superior Group for approximately $1.65 billion, with the deal consisting of $475 million in MasTec common shares and $1.175 billion in cash. This acquisition is expected to expand MasTec's infrastructure capacity platform focused on data centers and mission-critical facilities.
Tickers: $MTZ
Topics: Data Centers Infrastructure M&A