Blackstone Completes Acquisition of Majority Stake in Copeland (Emerson Climate Technologies)

Blackstone closed the acquisition of a 60% majority stake in Emerson's Climate Technologies business, now named Copeland, for $14.0 billion.

“Blackstone (NYSE: BX) and Emerson (NYSE: EMR) today announced that private equity funds managed by Blackstone (“Blackstone”) have completed the previously announced acquisition of a majority stake in Emerson’s Climate Technologies business”

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