LONDON — U.K. engineering company Smiths Group said Monday that it has agreed to buy Interconnect Devices Inc. from private equity firm Milestone Partners for $185 million. Smiths said the acquisition of Interconnect Devices, which makes probe technology for use in industrial and semiconductor testing, is expected to be immediately earnings accretive and will be funded primarily from internal resources payday loans. The deal is expected to complete in early April.
Smiths To Buy Interconnect Devices For $185 Mln
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