30.06.2015 16:48:00
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Emerson Electric Company -- Emerson's spin-off and divestiture plan is credit positive
New York, June 30, 2015 -- Moody's Investors Service said that the decision by Emerson Electric Co. (Emerson) to spin off its Network Power business and to explore alternatives for divesting its Motor and Drives, Power Generation and remaining Storage operations is a credit positive event. Company's A2 long-term and Prime-1 short-term ratings are unaffected. For further information please see www.moodys.com.