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Cerberus Capital Management has agreed to acquire a substantial portion of Goodwin plc's Mechanical Engineering Division, including Goodwin Steel Castings, Goodwin International, Noreva, Easat and the Pump Division, for up to about £1.1 billion in cash. Closing is expected in Q1 2027.
“Cerberus Capital Management has agreed to acquire a substantial portion of Goodwin plc's Mechanical Engineering Division for up to approximately £1.1 billion in cash.”pulse2.com
Summarized from public sources; check the original articles before acting on it.