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Lennox International signed a binding agreement to sell its Australia and Asia refrigeration businesses to Beijer Ref AB, with the transaction expected to close in Q2 2018. Separately, it is selling its South America business and Sydney real estate.
“Divesting the Australia, Asia, and South America refrigeration businesses will enable us to focus even more on North America and Europe.”refindustry.com
Summarized from public sources; check the original articles before acting on it.