Ingersoll-Rand completes acquisition of Trane

Ingersoll-Rand completed its acquisition of Trane, making Trane a wholly owned subsidiary and delisting Trane stock. Trane shareholders received $36.50 cash plus 0.23 Ingersoll Rand shares per Trane share.

“Ingersoll-Rand Company Limited announced on June 5 that it has completed its acquisition of Trane, Piscataway, NJ. Trane now becomes a wholly owned subsidiary of Ingersoll Rand, and Trane common stock is no longer publicly traded as of the close of trading on the New York Stock Exchange.”

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