{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-23-008357","form_type":"8-K","ticker":"EMR","cik":"0000032604","company_name":"EMERSON ELECTRIC CO","filed_at":"2023-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.790958+00:00","generated_at":"2026-06-14T08:38:02.803224+00:00","sec_items":["2.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Emerson closes $14B sale of Climate Technologies to Blackstone; retains 40% stake in Copeland JV","bullets":["Received $9.7B cash upfront and $2.25B note (5% PIK interest) from Blackstone for majority stake.","Emerson holds 40% common equity in new JV Copeland; Blackstone holds 60% common + $2B convertible preferred.","Pro forma continuing ops net earnings for 6mo Mar 2023: $1.054B ($1.82 diluted EPS), down from as-reported $859M.","Proceeds expected to help fund pending $7.6B acquisition of National Instruments (NI), announced Apr 2023.","Pro forma balance sheet shows $11.7B cash; long-term debt of $8.2B unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-23-008357","json":"https://secwatch.observer/filing/0000950103-23-008357.json","markdown":"https://secwatch.observer/filing/0000950103-23-008357.md","text":"https://secwatch.observer/filing/0000950103-23-008357.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/32604/000095010323008357/0000950103-23-008357-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/32604/000095010323008357/dp194557_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T08:38:02.803224+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9886770aa5a927517e8eb2363d43605c83ec04fc","claim":"EMERSON ELECTRIC CO completed a disposition involving BCP Emerald Aggregator L.P. (affiliates of Blackstone Inc.) for $14.0 billion transaction (closed 2023-05-31).","evidence_excerpt":"(which constitutes the former Climate Technologies segment, excluding Therm-O-Disc, which was divested earlier in fiscal 2022) to private equity funds managed by Blackstone in a $14.0 billion transaction. Emerson received upfront, pre-tax cash proceeds of approximately $9.7 billion and a note receivable with a face value of $2.25 billion (which will accrue 5","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/32604/000095010323008357/0000950103-23-008357-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"BCP Emerald Aggregator L.P. (affiliates of Blackstone Inc.)"},{"label":"Consideration","value":"$14.0 billion transaction"},{"label":"Closing","value":"2023-05-31"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}