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Ecolab nearing deal to buy CoolIT from KKR for $4.5B-$5B, WSJ reports

Ecolab (ECL) is close to a deal to buy CoolIT Systems from KKR (KKR) for between $4.5B-$5B, The Wall Street Journal’s Lauren Thomas reports. according to people familiar with the matter. A deal for the data-center cooling company could be announced as soon as next week, according to people familiar with the matter.

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