Simpson, Paul Hastings Steer UK Co.'s $3.6B HVAC Biz Sale

By Sierra Jackson · April 19, 2021, 4:37 PM EDT

U.K.-based industrial investor Melrose Industries said Monday that it's agreed to sell its heating, ventilation and air conditioning business to Chicago's Madison Industries in a roughly £2.62 billion (nearly $3.63 billion)...

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