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Divestiture Jan 2017 Verified

Emerson Completes Sale of Leroy-Somer and Control Techniques

Emerson completed the sale of its Leroy-Somer and Control Techniques businesses on January 31, 2017, as part of its portfolio repositioning strategy.

“Completed the sale of the Leroy-Somer and Control Techniques businesses on January 31st”

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Other 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.