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Melrose Industries

Melrose Industries of Birmingham is to sell Elster, the gas, electricity and water metering business, to Honeywell International for £3.3bn.

Melrose Industries is to sell Bridon, the Doncaster-based cable manufacturer, to the Ontario Teachers' Pension Plan for £365m.

Melrose Industries has sold Wiltshire-based Harris Waste Management to Avis Industrial Corporation for undisclosed terms.

Melrose Industries has sold Marelli Motori, the Italian electric motor manufacturer with an office in Loughborough, to Carlyle Group for £181m.