BINDING AGREEMENT SIGNED RE SMITHS INTERCONNECT LONDON: Smiths Group plc has entered into an agreement for the sale of Smiths Interconnect to Molex Electronic Technologies Holdings, LLC . The transaction values Smiths Interconnect at an enterprise value of £1.3bn, representing 15.1x headline EBITDA of £86.1m for the fiscal year 2025. Smiths will receive cash consideration for the…
JOHANNESBURG: AECI Ltd. has announced the sale of substantially all assets and certain liabilities of its U.S.-based subsidiary Schirm U.S.A., Inc. to Liberation Chem-Toll LLC, a newly formed Texas company backed by Schirm USA’s senior management. The transaction marks a strategic move by AECI to streamline its operations and focus on its core mining…