Onex in talks to buy British survival firm Survitec: Reuters

Canadian buyout firm Onex Corp is in talks to buy a U.K. safety and survival equipment maker from Warburg Pincus for about 450 million pounds (US$704 million), Reuters reported, citing a Bloomberg story. The two private equity firms are negotiating a price for Survitec Group Ltd and a deal is expected before the end of the month.

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