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.”
Entities
HVACRefrigeration Sentiment: Neutral
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.