Deal Roundup: Blackstone buys Emerson out of JV in $3.5bn deal, Mutares makes seventh deal of the year

Blackstone is buying Emerson‘s 40% stake in their Copeland joint venture in a $3.5bn deal. The deal comes two years after Blackstone announced a $14bn agreement to buy a majority stake in Copeland, then known as the Climate Technologies division of Emerson. The company specialises in compressors and controls used for residential and commercial heating, …