Pentair plc announced completion of the sale of its Valves & Controls Business to Emerson Electric Co. for USD3.15 billion, subject to customary working capital adjustments.
Bär & Karrer acted as Swiss legal counsel to Pentair. The team included Ralph Malacrida, Micha Schilling, Célia Jimenez, Faton Aliu (all Corporate and M&A), Daniel Lehmann (Tax), Ruth Bloch (Employment and Pensions), and Thomas Stoltz (Corporate and Notarial Services).