Tag Archives: Dover Knowles

Pentair’s nVent Electric Spinoff To Join S&P Midcap 400 Today

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Pentair’s (PNR) completed the spinoff of its electrical business, nVent Electric (NVT), after the close yesterday. The new company will commence trading on the NYSE today and shareholders should have received one share of NVT for every PNR share owned. Pentair CEO John Stauch wished his colleagues at nVent much ‘success’ and believes Pentair is now ‘well positioned… Read More »

Dover Corporation Knowles Best- Knowles To Be Spun Off In 2014

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No, Beyonce isn’t pregnant, but there is a new Knowles, well…a Knowles Corporation coming next year following Dover Corporation’s (DOV) announced spin off of its communications technologies business. The new company is ‘expected to be an industry leader’ in acoustic components (ex. MEMs microphones, speakers, receivers and transducers) and communication infrastructure components. According to a company presentation (the one dated May 23rd), on… Read More »