Oct 31 (Reuters) - U.S. industrial firm Emerson Electric Co EMR.N is selling a majority stake in its climate-technologies unit to Blackstone Inc BX.N, in a deal that would value the unit at $14 ...

Emerson, which will retain about 45% stake in the climate tech unit, said Blackstone and co-investors Abu Dhabi Investment Authority and Singapore state fund GIC would contribute $4.4 billion in ...

(RTTNews) - Emerson (EMR) announced a definitive agreement under which it will sell a majority stake in its Climate Technologies business to private equity funds managed by Blackstone in a deal ...

(RTTNews) - Emerson (EMR) announced a definitive agreement under which it will sell a majority stake in its Climate Technologies business to private equity funds managed by Blackstone in a deal ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. FERGUSON — A chief executive has been selected for Climate Technologies, the company that Ferguson-based Emerson will sell ...

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.

According to Emerson president and CEO, Lal Karsanbhai, the upfront payment of $9.7bn from Blackstone has enabled the company to advance its portfolio for automation markets. Karsanbhai added: “Our ...

Emerson Electric Co will sell a majority stake in its climate technologies unit to Blackstone Inc in a deal that values the business at $14 billion, as the U.S. industrial firm pivots to supplying ...

ST. LOUIS and NEW YORK — Emerson announced a definitive agreement under which it will sell a majority stake in its Climate Technologies business to private equity funds managed by Blackstone in a ...