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Simpson Thacher Guides Melrose's $650M Desk Maker Sale

By Najiyya Budaly (June 6, 2022, 4:16 PM BST) -- London-listed Melrose said Monday that it will sell office desk manufacturer Ergotron for $650 million to U.S. private equity firm The Sterling Group, disposing of the final piece of its turnaround of struggling industrial conglomerate Nortek....

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