Emerson Sells InSinkErator Business To Whirlpool For $3B
Emerson Electric Co. (NYSE: EMR ) has agreed to sell its InSinkErator business to Whirlpool Corp (NYSE: WHR ) in a $3 billion all-cash transaction. InSinkErator''s trailing twelve-month revenue, as of March 31, 2022, was $595 million, pretax earnings were $148 million, and EBITDA was $166 million, representing a transaction value of 18.1x EBITDA. InSinkErator, a manufacturer … Full story available on Benzinga.com
Emerson Sells InSinkErator Business To Whirlpool For $3B
Emerson Electric Co. (NYSE: EMR ) has agreed to sell its InSinkErator business to Whirlpool Corp (NYSE: WHR ) in a $3 billion all-cash transaction. InSinkErator''s trailing twelve-month revenue, as of March 31, 2022, was $595 million, pretax earnings were $148 million, and EBITDA was $166 million, representing a transaction value of 18.1x EBITDA. InSinkErator, a manufacturer … Full story available on Benzinga.com