Monday, January 22, 2007

Smiths faces crash landing in bargain basement sale of aerospace division

Smiths faces crash landing in bargain basement sale of aerospace division

ARINDAM NAG OF DOW JONES NEWSWIRES

The Business

20 Jan 2007



SMITHS has joined the list of British companies that have broken themselves up or been taken over because of the timid, short-sightedness of their managers. Smiths’ move to sell its aerospace business to America’s General Electric (GE), at a price... read more...

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