LONDON--(BUSINESS WIRE)-- #CSR--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it has entered into a definitive agreement to sell its Thermal Management business (“Thermal Management”), which includes the industry-leading RAYCHEM and TRACER brands, to funds managed by Brookfield Asset Management for a cash purchase price of $1.7 billion, subject to customary closing adjustments. With 2023 sales of $595 million and appro...
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