Ingersoll Rand completes acquisition of Trane

Ingersoll Rand completed its acquisition of Trane, making it a wholly owned subsidiary and delisting Trane common stock from the NYSE. Holders of ~200 million Trane shares received $36.50 cash plus 0.23 Ingersoll Rand shares each.

“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 was no longer publicly traded as of the close of trading on the New York Stock Exchange June 5.”

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.