Lennox To Sell European Commercial HVAC And Refrigeration Businesses To Syntagma Capital
(RTTNews) - Lennox International Inc. (LII), a leader in energy-efficient climate-control solutions, announced Thursday it has entered into an agreement to sell its Lyon, France-based European commercial HVAC and refrigeration businesses to funds managed by Syntagma Capital.
The closing of the transaction is subject to obtaining required consents, works council consultations, and customary closing conditions. The transaction is expected to be completed in the fourth quarter of 2023.
read more
Lennox Int'l Guides FY24 Adj. EPS In Line With Estimates; Q4 Results Top Estimates
While reporting financial results for the fourth quarter on Wednesday, Lennox International Inc. (LII) initiated its earnings and revenue growth guidance for the full-year 2024.
RTTNews
|
330 days ago
Lennox Int'l Boosts FY23 Outlook As Q3 Results Top Estimates
While reporting financial results for the third quarter on Thursday, Lennox International Inc. (LII) raised its earnings and revenue growth guidance for the full-year 2023.
RTTNews
|
427 days ago
Lennox To Sell Its Germany-based Hyfra Process Cooling Business Unit To The Glen Dimplex Group
Climate-control solutions firm Lennox International, Inc. (LII) announced Friday it has entered into a definitive agreement to sell its Krunkel, Germany-based Hyfra Process Cooling business unit to the Glen Dimplex Group.
RTTNews
|
489 days ago
Lennox Int'l Guides FY23 In Line With Estimates
Ahead of its 2022 Investor Day in New York City later on Wednesday, Lennox International Inc. (LII) initiated its 2023 financial guidance and long-term financial targets for 2026.
RTTNews
|
743 days ago
Lennox Int'l Boosts FY22 Outlook; Q3 Adj. EPS Meets Estimates, Revenues Top
While reporting financial results for the third quarter on Thursday, Lennox International Inc. (LII) raised its earnings and revenue growth guidance for the full-year 2022.
RTTNews
|
791 days ago
Lennox Int'l Boosts FY22 Outlook As Q2 Results Top Estimates
While reporting financial results for the second quarter on Thursday, Lennox International Inc. (LII) raised its earnings and revenue growth guidance for the full-year 2022.
RTTNews
|
882 days ago
Turkish CB Cuts Interest Rate For First Time Since Early 2023
Turkey's central bank lowered its key policy rate on Thursday, signaling a start to the easing cycle, after maintaining the key interest rate at a high level since the summer of 2023 amid the elevated inflationary pressures.
RTTNews
|
6h 21min ago
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended December 21st. The report said initial jobless claims slipped to 219,000, a decrease of 1,000 from the previous week's unrevised level of 220,000. Economists had expected jobless claims to rise to 224,000.
RTTNews
|
7h 42min ago
