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Flex (FLEX) announces USD 2bln convertible preferred investment into Axiom led by General Catalyst with Koch equity development; investment at initial enterprise value for Axiom of USD 37.5bln

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Flex announced a USD 2 billion convertible preferred investment into Axiom at a USD 37.5 billion initial enterprise value; the item says a public-company separation is planned for Q1 2027.

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To separate Axiom into publicly traded company in Q1 2027

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