FTC approves Emerson's $3.15bn Pentair valves deal with conditions requiring Westlock divestiture

The US Federal Trade Commission approved Emerson Electric's acquisition of Pentair's Switzerland-based valves and controls business, valued at $3.15 billion, on condition that Emerson divest the Westlock Controls switchbox business to Crane Company.

“The FTC has approved Emerson Electric Company's acquisition of the Switzerland based valves and controls arm of British industrial valve manufacturer Pentair.”fluidhandlingmag.com

• 1 source
• fluidhandlingmag.comEmerson’s acquisition of Pentair’s valve business gets conditional federal approval - Fluid Handling MagazineMay 2, 2017

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