Daily Archives: April 4, 2018

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Pentair Spinoff nVent to Trade May 1

LONDON, United Kingdom – April 3, 2018 – Pentair plc (NYSE: PNR) (“Pentair”) today announced its board of directors has approved the previously announced spin-off of its Electrical business.  The transaction will result in two independent, publicly traded companies: Pentair plc and nVent Electric plc (“nVent”).  nVent ordinary shares are expected to begin trading on the…