secwatch.observer — SEC 8-K summary
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Issuer:     EMERSON ELECTRIC CO (EMR)
CIK:        0000032604
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0000950103-22-013742
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerson sells InSinkErator to Whirlpool for $3.0B; 18.1x EBITDA multiple
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- Sale price $3.0B; trailing twelve-month revenue $595M, EBITDA $166M as of March 31, 2022.
- Transaction represents 18.1x EBITDA; expected to close in Emerson's fiscal year 2023.
- InSinkErator employs ~1,400; acquired by Emerson in 1968.
- Emerson engaged Goldman Sachs as financial adviser and Davis Polk as legal counsel.
- Sale aligns with Emerson's goal of a higher-growth, more cohesive portfolio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/32604/000095010322013742/0000950103-22-013742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/32604/000095010322013742/dp178381_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-22-013742

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer