Ingersoll Rand completes acquisition of Trane

Ingersoll-Rand completed its acquisition of Trane, making Trane a wholly owned subsidiary; Trane shareholders received $36.50 cash plus 0.23 Ingersoll Rand shares per Trane share and Trane stock was delisted from the NYSE.

“Ingersoll-Rand Company Limited announced that the company has successfully completed its acquisition of Trane. 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 yesterday.”

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.