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Emerson Electric Co. (NYSE:EMR) has agreed to sell its remaining stake in the Copeland joint venture (formerly Emerson Climate Technologies) for about $3.5 billion. The deal includes pre-tax cash ...
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Emerson to sell remaining stake in Copeland JV in $3.5B dealEmerson Electric (NYSE:EMR) said Thursday it agreed to sell its remaining 40% ownership interest in the Copeland joint venture, formerly Emerson Climate Technologies, for ~$3.5B to Blackstone (BX).
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