HALISTER: Emerson to Sell Network Power for $4b to Platinum Equity

Emerson to Sell Network Power for $4b to Platinum Equity

(Bloomberg) -- Emerson agrees to sell Network Power to Platinum Equity, a group of co-investors in deal valued at $4b.
  • EMR will retain subordinated interest in Network Power
  • Sale is expected to close by year end
  • EMR reports 3Q 7am
Link to Statement:Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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EMR US (Emerson Electric Co)

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