Divestiture Aug 2016 Verified
Emerson divests Network Power, Leroy-Somer, Control Techniques for $5.2B
Emerson recently announced divestitures of Network Power, Leroy-Somer, and Control Techniques totaling $5.2 billion as part of a strategic repositioning begun in June 2015.
“This transaction follows Emerson’s recently announced divestitures of Network Power, Leroy-Somer, and Control Techniques for a total of $5.2 billion as part of the company’s overall strategic repositioning that was initiated in June 2015.”
Entities
Control Techniques · Subsidiary Emerson · Parent Leroy-Somer · Subsidiary Network Power · Subsidiary
Other
Source: www.achrnews.com
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