UK’s valve maker Spirax-Sarco in talks to acquire Vulcanic Group
July 4 (Reuters) – Valve maker Spirax-Sarco Engineering (SPX.L) said on Monday it had entered exclusive negotiations with French private-equity firm Qualium to acquire Vulcanic Group of Companies for 261.7 million euros ($272.87 million) on a cash-and-debt-free basis. The British company expects acquisition of Vulcanic, an European industrial electric heating......