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Smiths Group to break up
Smiths shares soar as engineer ditches two divisions amid investor pressure
The engineering firm said it hopes to sell Smiths Interconnect, which makes radio frequency components and semiconductor test applications, by the end of this year.
Smiths Group to break up after activist pressure, shares hit record high
Britain's Smiths Group said on Friday it plans to spin off its Smiths Detection business, known for its baggage-screening kit in airports and explosive detectors, lifting the engineering group's shares to a record high.
Smiths Group shares jump 12% as plans break-up and share buyback
In response, shares in Smiths jumped 12% to 2,082.00 pence for a market value of GBP7.16 billion. They set a new 12-month high of 2,188.00p earlier Friday morning. Smiths said it plans to sell its electronic connectors business by the end of 2025 and separate is threat detection arm, either by UK demerger or sale.
7h
on MSN
Smiths Group to Spin Off or Sell Detection Business; Return up to 850 Million Pounds
The engineering group said it will return up to 850 million pounds to shareholders and will also sell Smiths Interconnect by ...
8h
Smiths Group’s Strategic Restructuring: Hold Rating Amid Uncertainties in Divisional Sales
Jefferies analyst Andrew Douglas maintained a Hold rating on Smiths Group plc (SMIN – Research Report) today and set a price target of ...
2d
UK engineering firm Smiths Group hit by cyber attack
British engineering firm Smiths Group is managing a cybersecurity incident that involved unauthorised access to its systems, ...
SecurityWeek
2d
Smiths Group Scrambling to Restore Systems Following Cyberattack
Engineering firm Smiths Group has disclosed a cyberattack that forced it to take some systems offline and activate business continuity plans.
2d
Smiths Group falls Tuesday, underperforms market
Smiths Group PLC SMIN shares dropped 2.02% to £18.45 Tuesday, on what proved to be an all-around favorable trading session ...
3d
Engineering giant Smiths Group discloses security breach
London-based engineering giant Smiths Group disclosed a security breach after unknown attackers gained access to the ...
9h
on MSN
Smiths Group: FTSE 100 giant to be broken up
Smiths Group has announced plans to ditch a big chunk of its business amid calls from investors for a major shake-up. The ...
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