Samsung is talking about buying Modine Manufacturing, which makes cooling gear for data centers.

Nov 13, 2026, 5:24 AM ETDealRead the original at Benzinga

Good for MOD

Samsung is discussing a possible purchase, and Modine raised its forecast as data center sales grew. The talks could fail, and Modine missed its profit estimate as its gross margin narrowed, but buyer interest and the stronger forecast make this favorable.

MOD · Modine Manufacturing Co.

AI read · Good for MOD

The AI's read

A sale could give Modine a new owner and reward its focus on data center cooling. The talks are not a signed deal and could fail. Modine's data center sales rose sharply, and it raised its forecast. Its profit per share missed estimates, and its gross margin narrowed, but buyer interest and the stronger forecast make the story favorable overall.

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