Pent Up No More: Pentair Spin Off Of nVent Set For April 30

Last year, we discussed Pentair’s(PNR) spin off of nVent(NVT) and commented on how much the strange capitalization was likely to add to the value. With the spinoff now set for the end of the month, it turns out that Pentair gave nVent more than just a bad name. As we had speculated, nVent borrowed $1 billion and will… Read More »