Smiths Group Pressing Ahead of Division Sale Plans, FT Says, Citing Sources

Dow Jones

05/08

--Smiths Group is proceeding with plans to sell its electrical-connectors division, which could be valued at about 1 billion pounds ($1.33 billion), the Financial Times reports, citing unnamed sources.

--The company has begun pre-marketing the Smiths Interconnect division and plans to initiate a sale process in the coming days, the sources tell the Financial Times.

--Smiths has previously said it would sell or demerge two of its four core divisions and return gains to shareholders. This sale would be the first step of this process, the Financial Times reports.

--Smiths Group declined to comment to the Financial Times.

Full story: https://shorturl.at/fpdUz

Write to Pierre Bertrand at pierre.bertrand@wsj.com

(END) Dow Jones Newswires

May 08, 2025 10:21 ET (14:21 GMT)

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This sale would be the first step of this process, the Financial Times reports. \n</p>\n<p>\n  --Smiths Group declined to comment to the Financial Times. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://shorturl.at/fpdUz \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Pierre Bertrand at pierre.bertrand@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 08, 2025 10:21 ET (14:21 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Smiths Group Pressing Ahead of Division Sale Plans, FT Says, Citing Sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSmiths Group Pressing Ahead of Division Sale Plans, FT Says, Citing Sources\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-05-08 22:21</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  --Smiths Group is proceeding with plans to sell its electrical-connectors division, which could be valued at about 1 billion pounds ($1.33 billion), the Financial Times reports, citing unnamed sources. \n</p>\n<p>\n  --The company has begun pre-marketing the Smiths Interconnect division and plans to initiate a sale process in the coming days, the sources tell the Financial Times. \n</p>\n<p>\n  --Smiths has previously said it would sell or demerge two of its four core divisions and return gains to shareholders. This sale would be the first step of this process, the Financial Times reports. \n</p>\n<p>\n  --Smiths Group declined to comment to the Financial Times. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://shorturl.at/fpdUz \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Pierre Bertrand at pierre.bertrand@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 08, 2025 10:21 ET (14:21 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT","symbol_name":"富蘭克林通用信託","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533499131","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533499131","pubTimestamp":1746714060,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--Smiths Group is proceeding with plans to sell its electrical-connectors division, which could be valued at about 1 billion pounds , the Financial Times reports, citing unnamed sources.--The company has begun pre-marketing the Smiths Interconnect division and plans to initiate a sale process in the coming days, the sources tell the Financial Times.--Smiths Group declined to comment to the Financial Times.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FT":"富兰克林通用信托","SMGZY":"Smiths Group Plc","BK4206":"工业集团企业"},"translate_title":"英国《金融时报》援引消息人士的话称，史密斯集团正在推进部门出售计划","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMGZY":0.9,"FT":1},"content_text":"--Smiths Group is proceeding with plans to sell its electrical-connectors division, which could be valued at about 1 billion pounds ($1.33 billion), the Financial Times reports, citing unnamed sources. \n\n\n  --The company has begun pre-marketing the Smiths Interconnect division and plans to initiate a sale process in the coming days, the sources tell the Financial Times. \n\n\n  --Smiths has previously said it would sell or demerge two of its four core divisions and return gains to shareholders. This sale would be the first step of this process, the Financial Times reports. \n\n\n  --Smiths Group declined to comment to the Financial Times. \n\n\n \n\n\n  Full story: https://shorturl.at/fpdUz \n\n\n \n\n\n  Write to Pierre Bertrand at pierre.bertrand@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 08, 2025 10:21 ET (14:21 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}