Smiths Group completes £2bn sale of detection unit to CVC

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Smiths Group completes £2bn sale of detection unit to CVC

AI Summary

Smiths Group has completed the £2 billion sale of its detection unit to private equity firm CVC. This transaction marks a significant strategic shift for Smiths Group and impacts the competitive landscape in detection technology.

Markets Deals Smiths Group CVC sale detection unit private equity transaction

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