FTSE 250 engineering group Rotork has acquired Fairchild Industrial Products for a net consideration of $75.8m.
The acquisition is payable in cash and will be financed from existing reserves. $7.7m of the total sum will be deferred and held in escrow for two years.
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State pension gender gap ‘almost closed’ for new retirees – but private gap widensThe state pension amounts for men and women are on course “to be equal very shortly”, says Department for Work and Pensions
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