Nvent completes sale of thermal management business

London--(business wire)--nvent electric plc (nyse: nvt) (“nvent”), a global leader in electrical connection and protection solutions, today announced that it has completed the previously announced sale of its thermal management business to funds managed by brookfield asset management for a sale price of $1.7 billion, subject to customary adjustments. “today marks a significant step in transforming our portfolio with the sale of the thermal management business and becoming a higher growth and mo.
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