Emerson Electric Co. (EMR) recently divested the remaining 40% common equity ownership in Copeland to Blackstone Inc. (BX) . The transaction was valued at approximately $3.5 billion, with pre-tax cash proceeds of$3.4 billion.Headquartered in New York, Blackstone Inc. is an asset manager of alternative investments and a provider of financial advisory services globally. Effective Sep 18, 2023, the company joined the S&P 500 index, becoming the first major alternative asset manager to be part of the index. As ...