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SPX announces sale of EGS Electric stake to Emerson Electric for $571 million

December 5, 2013

SPX Corp, which makes food and beverage production equipment, electrical transformers and cooling towers for power plants announced sale of 44.5 % stake in EGS Electric Group LLC to partner Emerson Electric Co for $571 million.

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#Emerson sale

SPX announces sale of EGS Electric stake to Emerson Electric for $571 million

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