Emerson Electric in talks to sell assets to Blackstone valued at up to $10B

Oct. 04, 2022 7:43 PM ETEmerson Electric Co. (EMR), BXBy: Carl Surran, SA News Editor11 Comments

Blackstone hedge fund.

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Emerson Electric (NYSE:EMR) is in talks with Blackstone (NYSE:BX) to sell at least part of its commercial and residential solutions business in a deal that could be valued at $5B-$10B

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