Ingersoll Rand To Acquire Trane

Latest News

Trane Sets June 5 As Date For Shareholders To Vote On Proposed Acquisition By Ingersoll Rand - May 7, 2008
Trane Reports First Quarter Results - April 29, 2008
European Commission Grants Antitrust Approval of Ingersoll Rand's Proposed Acquisition of Trane - April 11, 2008

INGERSOLL RAND TO ACQUIRE TRANE INC. FOR APPROXIMATELY $10.1 BILLION

Transaction Creates a Global Diversified Industrial Company with expected Pro Forma 2008 Revenues of $17 Billion and $2 Billion of EBIT
Cost and Revenue Synergies are Expected to Exceed $300 million by 2010
Acquisition Price for Trane of $36.50 Per Share in Cash and 0.23 shares of Ingersoll Rand Common Stock per each Trane Share Equal to Approximately $46.00 in Total Value per Trane Share

Conference Call

Learn more on IngersollRand.com:

From December 17, 2007 announcement...