Emerson sells Network Power (incl. Liebert) to Platinum Equity in $4bn deal

Emerson agreed to sell its Network Power division, which includes data centre cooling brand Liebert, to Platinum Equity and a group of co-investors for $4bn, retaining a minority stake. The proceeds are part of a portfolio repositioning to fund future acquisitions.

“On Tuesday, Emerson agreed to sell its Network Power division, which includes data centre cooling brand Liebert, in a $4bn deal.”

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