Deals
Renishaw Attracts Interest From Danaher, Hexagon
- Engineering firm could also approach Mettler-Toledo, Keyence
- Company hired UBS to explore sale of $6 billion firm
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Renishaw Plc jumped the most in more than three weeks, after people familiar with the matter said the British engineering firm is attracting potential interest from Danaher Corp. and Swedish rival Hexagon AB.
Shares of Renishaw, which announced earlier this month it’s exploring a sale, rose as much as 6.7% in London trading Monday. They were up 5.7% at 11:02 a.m., giving the company a market value of 4.6 billion pounds ($6.4 billion).