--Robert Bosch is nearing a deal to sell some of its security-systems operations to private equity firm Triton Partners, valuing the assets at about 700 million euros ($737 million), Bloomberg reports, citing sources.
--The potential move comes as the German parts supplier continues to trim its portfolio, Bloomberg reports, adding a divestment agreement could be reached as soon as this week, according to its sources.
Full article at https://www.bloomberg.com/news/articles/2024-12-11/bosch-is-said-to-near-deal-to-sell-security-assets-to-triton
Write to (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
December 11, 2024 12:21 ET (17:21 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments