French Industrial Group @Legrand Acquires @MilestoneAV

Andrew Neale

French industrial group Legrand (LEGD.PA) is to acquire Milestone AV Technologies in a transaction said to be worth USD 950 million.

Legrand were quoted as saying that the takeover of Milestone – which had 2016 sales of USD 464 million, Ed – would lead to cost savings and would be financed by new debt.

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