Melrose's big disposal | Lex
- 5 years ago
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UK-listed industrial group Melrose has sold Elster, its electricity and utilities group, to Honeywell for £3.3bn. Lex's Oliver Ralph and Rochelle Toplensky discuss why it sold such a large part of its business and what it will do with the proceeds.
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UK-listed industrial group Melrose has sold Elster, its electricity and utilities group, to Honeywell for £3.3bn. Lex's Oliver Ralph and Rochelle Toplensky discuss why it sold such a large part of its business and what it will do with the proceeds.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes