FTSE 100 firm Smiths Group plc makes £1.3bn disposal

FTSE 100 firm Smiths Group plc has agreed a £1.3 billion disposal. US electronics firm Molex, part of industrial conglomerate Koch, has agreed the mammoth deal for the London-headquartered company’s Smiths Interconnect subsidiary. The cash deal – expected to complete in the second half of fiscal year 2026 – represents 15.1x headline EBITDA of £86.1m … Continue reading FTSE 100 firm Smiths Group plc makes £1.3bn disposal