Smiths Group beats profit forecasts, seeks to sell US asbestos liability
Reuters reports that the British engineering firm completed a portfolio overhaul that netted more than £3 billion ($4.01 billion).
TLDR
Smiths Group beat expectations for full-year operating profit and launched a process to sell its US asbestos liability, Reuters reports. The sale process began as the British engineering firm completed a portfolio overhaul that netted more than £3 billion ($4.01 billion).
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