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Smiths buys United Flexible for $345m
Engineering company Smiths Group said it was buying industrial hose maker United Flexible from Arlington Capital Partners for an enterprise value of $345m (£266m).
Easyjet load slips, Smiths gets more Flexible
London open The FTSE 100 was predicted to lose almost 37 points on Thursday morning, according to traders in the City.
Thursday newspaper round-up: May, Nissan, copper, RBS
Theresa May has made a bold pledge to bring a decade of austerity to a close, as she appealed to the public over the heads of her squabbling party to back her to deliver a Brexit deal. Speaking in Birmingham on Wednesday at the end of the Conservatives’ annual conference, which was marred by repeated clashes over Europe, May cast aside the chancellor’s concerns about the health of the country’s finances and signalled Brexit would mark an end to public spending cuts.