(Reuters) - American Standard said the sale of the bath unit, which has
annual sales of $2.4 billion and sells plumbing products under
names such as American Standard and Porcher, is expected to be
completed in the fourth quarter.
The sale is part of American Standard's plan to split up
its three business units. The company is to spin off its $2
billion vehicle-controls business later this month. It plans to
keep its $6.8 billion heating and air-conditioning business and
change the company name to Trane, its flagship brand.
Read more at Reuters.com Mergers News
annual sales of $2.4 billion and sells plumbing products under
names such as American Standard and Porcher, is expected to be
completed in the fourth quarter.
The sale is part of American Standard's plan to split up
its three business units. The company is to spin off its $2
billion vehicle-controls business later this month. It plans to
keep its $6.8 billion heating and air-conditioning business and
change the company name to Trane, its flagship brand.
Read more at Reuters.com Mergers News
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