Smiths Sells Airport Scanner Unit to CVC at £2 Billion Value
Smiths Group Plc agreed to sell its unit that makes airport security scanners to private equity firm CVC Capital Partners at an enterprise valuation of £2 billion ($2.7 billion).
By Eric Pfanner · Bloomberg Markets
Smiths Group Plc agreed to sell its unit that makes airport security scanners to private equity firm CVC Capital Partners at an enterprise valuation of £2 billion ($2.7 billion).