Rosebank in Talks to Buy Two US Firms for Over $3 Billion

Rosebank Industries Plc, the latest buyout vehicle of former Melrose Industries Plc executives, is in advanced discussions to acquire two US businesses it didn’t identify for a total of $3.05 billion including debt.

The deals will be funded through a fully underwritten equity issue of around £1.9 billion ($2.6 billion) and new debt facilities, the UK-based company said Monday.