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Finance & Markets

2 Trillion-Dollar Companies Poised to Become Wall Street's Next Stock-Split Stocks

Key PointsIn addition to the artificial intelligence (AI) revolution, stock-split euphoria has helped lift the tide on Wall Street.

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Cerberus to acquire Goodwin defence assets in $1.5bn deal

UK engineering group Goodwin has agreed to sell a substantial portion of its defence-related Mechanical Engineering division to US private equity firm Cerberus Capital Management for £1.1bn ($1.49bn)…

  • UK firm Goodwin sells defence assets to Cerberus for $1.49bn
  • Sale includes key mechanical engineering divisions and naval components
  • Transaction faces UK government security review under National Security Act

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