Consolidation trend Apr 2019 Verified
Industrial Consolidation Creates Pure-Play Climate and Industrial Leaders
The transaction highlights a trend of industrial companies separating into pure-play entities to unlock shareholder value, with Ingersoll Rand splitting its climate and industrial businesses. The combined IndustrialCo will have enhanced scale, end-market diversity, and $250M in expected cost synergies.
“Compelling opportunity to unlock significant value for all stakeholders through formation of two global leaders in their respective sectors”
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HVACRefrigeration Sentiment: Positive
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