Daily Archives: May 9, 2017


Pentair to Split Into Two

LONDON, May 9, 2017 /PRNewswire/ — Pentair plc (NYSE: PNR) (“Pentair”) today announced that its Board of Directors has unanimously approved a plan to separate into two independent, publicly-traded companies. Both companies will benefit from market-leading positions in their respective industries, well-recognized brands, attractive margin profiles, strong free cash flow generation and compelling growth opportunities….