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via seekingalpha.comCapital Markets

A. O. Smith to sell 81% stake in China unit to CPE for about 400M dollars

FROM THE WIRE · SEEKINGALPHA.COM

A. O. Smith to sell 81% stake in China unit to CPE for ~$400M

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralSale of a controlling stake in a Chinese unit, modest in size relative to the group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01A. O. Smith will sell an 81% stake in its China unit to CPE.
  2. 02The deal is valued at about 400 million dollars.
  3. 03The news concerns the company's NYSE listing.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
A. O. Smith CorporationAOSStock62.06 USDMarket closedtoday +0.24%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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