GE Vernova to buy grid equipment maker Trench in $9B deal, raises revenue forecast again (GEV:NYSE)

GE Vernova (GEV) jumped 4.4% pre-market Wednesday after saying it agreed to acquire high-voltage grid equipment manufacturer Trench Group from investment-firm Triton Partners for $9B in cash and debt, while also reporting stronger-than-expected Q3 results and raising full-year revenue guidance.

GE