Pentair Announces Intent to Separate Into Two Industry-Leading Public Companies

Standalone Water and Electrical Businesses will be Well-Positioned for Growth and Shareholder Value Creation

Company to Host Conference Call Today at 8:00 a.m. ET

LONDON – May 9, 2017 – Pentair plc (NYSE: PNR) (“Pentair”) today announced that its Board of Directors has unanimously approved a plan to separate into two independent, publicly-traded companies. Both companies will benefit from market-leading positions in their respective industries, well-recognized brands, attractive margin profiles, strong free cash flow generation and compelling growth opportunities…

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