Emerson sells majority stake in Climate Technologies to Blackstone

Emerson is selling a majority stake in its Climate Technologies business to Blackstone in a transaction valuing the business at $14 billion, with Emerson retaining a 45% stake.

“EMERSON IS SELLING a majority stake in its Climate Technologies business to the private equity firm Blackstone in a transaction that values the business at $14bn.”pmps-digital.com

• 1 source
• pmps-digital.comDrives & Controls Magazine November/December 2022Feb 9, 2023

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