Divestiture Dec 2007 Verified
Both Companies Completed Major Divestitures in November 2007
Ingersoll Rand and Trane both completed major divestitures in November 2007, positioning the timing of the merger as nearly perfect.
“Finally, the timing of this combination is close to perfect, both companies completed their major divestitures in November of this year.”
Entities
Ingersoll Rand · Acquirer Trane Inc. · Target
HVAC Sentiment: Positive
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.