01162018Tue
Last updateMon, 15 Jan 2018 5pm

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Valve Manufacturing

Emerson Updates Pentair Valves & Controls Acquisition

Emerson is working on receiving final regulatory approvals from the U.S. Federal Trade Commission (FTC) and the Mexican Federal Economic Competition Commission for completion of the acquisition of Pentair's Valves & Controls business.

In response, Emerson has already entered into an agreement subject to FTC approval to divest a business within Pentair's Valves & Controls business which is not material to the underlying objectives with which Emerson entered the acquisition. Thus, Emerson is very optimistic that it will receive final regulatory approval and be able to close by the end of April. 

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