--Buyout firm Blackstone Inc. is in discussions to buy commercial and residential solutions assets from Emerson Electric Co., Bloomberg reports, citing unnamed sources.
--The deal could be valued at $5 billion to $10 billion, depending on which assets are sold, according to Bloomberg.
--The commercial and residential solutions segment is one of Emerson's two core businesses and covers a range of products, from refrigeration and cold chain to heating and air conditioning.
Full story: bloom.bg/3V1t4Yy
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(END) Dow Jones Newswires
10-04-22 2311ET