Smiths Group PLC (SMIN.L)
18 Jun 2019
June 7 Smiths Group Plc on Friday named JehanZeb Noor, an executive at Australia-based packaging company Amcor Flexibles, to lead its healthcare business and oversee its separation from the group next year.
* All sectors on both UK indexes end in the red (Adds news item, analyst comment, updates to closing prices)
Smiths Group Plc plans to list its healthcare business, which makes respiratory devices and catheters, as it focuses on industrial technology services.
* Shares rise as much as 4 pct (Adds comments from management call, analysts, shares)
March 22 Smiths Group Plc said on Friday it would separate its healthcare unit and list it, as the British engineering firm sharpens its focus on industrial technology.