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Emerson Sells Power Transmission Business to Regal for $1.44B

2014-12-30 21:11:52| Electronics - Topix.net

Emerson Electric has agreed to sell its Power Transmission Solutions business unit to Regal-Beloit Corp. , which owns a multitude of brands, manufacturing electrical motors and other components for commercial, residential, and industrial equipment. The transaction values Emerson's business unit at $1.44 billion.

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Category:Electronics and Electrical

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