Emerson To Sell Remaining Interests In Copeland Joint Venture To Blackstone For $3.5B; Transaction Includes $3.4B Pre-Tax Cash Proceeds, Net Of $0.1B Indemnity Obligations; Blackstone To Purchase Emerson's 40% Equity Ownership, Copeland To Repurchase Seller's Note
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Emerson To Sell Remaining Interests In Copeland Joint Venture To Blackstone For $3.5B; Transaction Includes $3.4B Pre-Tax Cash Proceeds, Net Of $0.1B Indemnity Obligations; Blackstone To Purchase Emerson's 40% Equity Ownership, Copeland To Repurchase Seller's Note