FTSE 100 firm Smiths Group to sell Detection arm for 拢2bn
FTSE 100 company Smiths Group is selling its Detection division to private equity firm CVC Capital Partners in a 拢2 billion deal. The price tag equates to 16.3 times operating profit and 12.5 times EBITDA for the year to 31st July 2025. Smiths expects to pocket around 拢1.85bn in net cash once the sale completes, … Continue reading FTSE 100 firm Smiths Group to sell Detection arm for 拢2bn
