[ TRANSACTION RECORD ]

Blackstone Inc. Investment in Emerson Electric Co. — 2022

VERIFIED VECTOR ID: 001473 · tx-001
M SOURCE NODE — FUNDER
Blackstone Inc.
Finance United States
$14,000,000,000
EQUITY
31/10/2022
Q DESTINATION NODE — RECIPIENT
Emerson Electric Co.
Company United States
Amount (USD)
$14.0B
Flow Type
EQUITY
Transaction Date
31/10/2022
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Blackstone Inc.
AUM 1000000
HQ Location United States
Sector Finance
Recipient Profile [ Q ]
Entity Emerson Electric Co.
Entity Type Company
Jurisdiction United States
Intelligence Note

Blackstone Inc. completed the acquisition of a majority stake in Emerson Electric’s climate technologies division for approximately 14 billion dollars. This transaction established a standalone industry leader focused on energy-efficient heating and cooling solutions. The deal represents a major deployment of private equity capital into the climate infrastructure sector.

Σ
Primary Forensic Source https://www.blackstone.com/news/press-releases/blackstone-to-acquire-majority-stake-in-emersons-climate-technologies-business/
✓ SOURCE LINKED