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Emerson agreed to buy Pentair's Valves & Controls business, which has about 7,500 employees, for $3.15 billion to expand its global valve and control portfolio. The deal was announced on August 19, 2016 and was expected to close in four to six months.
“Emerson will buy Pentair's Valves & Controls business unit for $3.15 billion.”pgjonline.com
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