Emerson selling climate technologies in $14B deal (AP News)

AP News
Emerson selling climate technologies in $14B deal – NEW YORK (AP) – Emerson is selling a majority stake in its climate technologies business to Blackstone in a deal valued at $14 billion including debt. The standalone climate technologies unit includes the Copeland compressor business and the entire portfolio of products and services across all HVAC and refrigeration end-markets. …

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