Rosebank Industries in talks to acquire Electrical Components International
LONDON: Rosebank Industries PLC said Monday it has resumed discussions with Cerberus Capital Management LP about a potential acquisition of Electrical Components International Inc. for less than $1.9 billion. ECI, a U.S.-based manufacturer of electrical distribution systems, serves a range of industrial markets. The deal, if finalized, would align with Rosebank’s acquisition strategy and be funded through…