Skip to Content
AP National Business

Emerson selling climate technologies in $14B deal

KIFI
By
Published 10:14 AM

Associated Press

NEW YORK (AP) — Emerson is selling a majority stake in its climate technologies business to Blackstone in a deal valued at $14 billion. The climate technologies unit includes the Copeland compressor business and the entire portfolio of products and services across all HVAC and refrigeration end-markets. The transaction is expected to close in the first half of next year.

Article Topic Follows: AP National Business

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content