UK's Spectris to sell Omega Engineering for $525 million

– British electrical engineering agency Spectris stated on Tuesday it's going to promote specialist sensor maker Omega Engineering to non-public fairness agency Arcline Funding Administration for $525 million.

Spectris, which final month ended its $2.4 bln pursuit of Oxford Devices towards the backdrop of the Ukraine disaster, additionally introduced a 300-million-pound ($389.91 million) inventory buyback.

($1 = 0.7694 kilos)

Post a Comment

Previous Post Next Post