Weir launches sale of flow control business, could value above 300M pounds

According to sources, Weir has launched the sale of its flow control pumps and valves business, which could be valued at more than 300 million pounds ($389 million), with first-round bids due November 9 and Goldman Sachs handling the sale.

“Bankers for the FTSE 250 listed company have sent out confidential information about the division to prospective buyers.”reuters.com

• 1 source
• reuters.comWeir launches sale of flow control business - sourcesOct 22, 2018

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