A.O. Smith Corp
AOS: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @x | LOCK|jHT | LOCK|C@k@yH |
A.O. Smith: Disposal of China Business Will Allow Management To Focus on the Core Business
A.O. Smith announced it would sell 81% of its China business to CPE, an alternative asset manager. The firm will retain a 19% share and enter a long-term brand licensing agreement, which allows it to participate in the business’ future growth.
