FTSE 100 company Smiths Group is selling its Detection division to private equity firm CVC Capital Partners in a £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 £1.85bn in net cash once the sale completes, … Continue reading FTSE 100 firm Smiths Group to sell Detection arm for £2bn