Report implies firms are better selling to industry buyers
Thursday 28 Feb 2019 Author: Steven Frazer
On 25 February Glasgow engineer Weir Group ( WEIR ) became the latest company to do a deal with private equity, selling its flow control business to First Reserve for £275m. However new research suggests companies that sell unwanted parts of their business are likely to get a better price on average when an industry peer is the buyer. This is the finding of a study by corporate advisor...