US industrial firm Emerson Electric Co is selling a majority stake in its climate–technologies unit to Blackstone Inc, in a deal that would value the unit at $14 billion including debt, the Wall Street Journal reported on Monday.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com