I see Smiths Group has finally confirmed it is selling its medical division to TA Associates for almost £2 billion.
Posts tagged: Smiths Group
Smiths Group, the London-listed engineering conglomerate, is said to have appointed a heavyweight investment bank on the possible sale of its medical division to private equity firm TA Associates.
People following the situation said Smiths Group is working with advisers from Goldman Sachs on the disposal of the medical unit.
Talks between Smiths Group and TA Associates have been rekindled but a deal is by no means a certainty, said people following the situation...