Simpson Thacher Guides £500M Melrose Share Buyback

By Najiyya Budaly ( June 8, 2022, 11:35 AM BST) -- Melrose Industries PLC said Wednesday that it will pay out up to £500 million ($627 million) to shareholders under a buyback program, after announcing the $650 million sale of its office desk business Ergotron earlier in the week....

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