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A. O. Smith Corporation to Sell 81% Interest in China Business to CPE for Over $500 million in Total Expected Value
Source: Nasdaq
M&A & RestructuringCompany Fundamentals
A. O. Smith announced definitive agreements for CPE to acquire an 81% interest in its China business. A. O. Smith will retain a 19% interest; the available article text provides no transaction value or further terms.
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