Latest news with #ElectricalComponentsInternational
Reuters
06-06-2025
- Business
- Reuters
UK's Rosebank Industries raises $1.55 billion for US-based ECI's acquisition
June 6 (Reuters) - British investment firm Rosebank Industries (ROSE.L), opens new tab on Friday said it will raise about 1.14 billion pounds ($1.55 billion) to finance the acquisition of U.S.-based Electrical Components International. Rosebank, which focuses on acquiring, enhancing and eventually selling businesses, had restarted talks to buy ECI earlier this week for under $1.9 billion. The British company finalised the deal value at less than $1.9 billion on Friday, which will be financed through debt facilities and a fully underwritten institutional capital raise at 3 pounds apiece. ($1 = 0.7373 pounds)
Reuters
02-06-2025
- Business
- Reuters
UK's Rosebank Industries in talks to buy US-based ECI for less than $1.9 billion
June 2 (Reuters) - British investment firm Rosebank Industries (ROSE.L), opens new tab said on Monday it is in talks to buy U.S.-based Electrical Components International, which makes wire harnesses, for less than $1.9 billion.
