(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
vehicle-controls business later this month. It plans to keep
its heating and air-conditioning business and change the
company name to Trane, its flagship brand.
Read more at Reuters.com Bonds 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
vehicle-controls business later this month. It plans to keep
its heating and air-conditioning business and change the
company name to Trane, its flagship brand.
Read more at Reuters.com Bonds News
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