Rheem-Friedrich acquisition subject to regulatory approval

Closing of the Friedrich acquisition is conditioned on additional regulatory approval.

“Upon the close of the acquisition, which is subject to additional regulatory approval, Friedrich will be a stand-alone business unit within the Rheem Global Air business.”

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.