Air services

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Air management

Melrose to sell Nortek air management business for $ 3.625 billion in cash

(RTTNews) – Melrose Industries Plc. (MRO.L) said on Monday it has reached a deal to sell its Nortek Air Management business to Chicago-based Madison Industries for about 2.62 billion pounds, or $ 3.625 billion, in cash. The consideration for the divestiture is based on an enterprise value of approximately $ 3.625 billion. Consideration is payable […]