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Deal closed Jun 2024 Verified

Blackstone Acquires Emerson Electric's Stake in Copeland

Blackstone purchased Emerson Electric's stake in Copeland in a USD 3.5bn transaction completed in June.

“Another large sponsor-backed deal included the sale of **Emerson Electric** ‘s stake in **Copeland** to **Blackstone** in a USD 3.5bn deal in June.”

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HVACRefrigeration Sentiment: Neutral

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