hvacrollups.com
← All signals
Deal closed Nov 2016 Verified

Regal Beloit Completes Acquisition of Emerson's Power Transmission Solutions

Regal Beloit's forward-looking statements reference the acquisition of the Power Transmission Solutions (PTS) business from Emerson Electric Co., and the financial results include a PTS segment, confirming the deal has closed.

“uncertainties regarding our ability to execute our restructuring plans within expected costs and timing; increases in our overall debt levels as a result of the acquisition of the Power Transmission Solutions (“PTS”) business from Emerson Electric Co., or otherwise and our ability to repay principal and interest on our outstanding debt”

Entities

Other

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.