Walkie-talkie and radio systems maker Motorola Solutions Inc is looking into a possible sale, Bloomberg reported, citing people familiar with the matter.
Potential buyers could include private-equity firms and defense contractors including Raytheon Co, Honeywell International Inc and General Dynamics Corp, Bloomberg reported, citing one of the sources.
The 87-year-old company is working with financial advisers as it looks for a buyer, Bloomberg cited the sources as saying.
The sale process has been going on for several months, though a deal isn't on the immediate horizon, one of the sources told Bloomberg.
Motorola Solutions spokesman Kurt Ebenhoch declined to comment on rumors or speculation.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Our mindset should breed excellence – Ace Ankomah
6 mins -
SML fully delivered on Transaction Audit Service Agreement with GRA
30 mins -
Government trying to hide something from SML/GRA contract – Arthur Kennedy
34 mins -
Don’t encourage lateness and foolishness – Ace Ankomah to UG Vice Chancellor’s award winners
37 mins -
‘Obroni wawu’ traders plan to protest over Kumasi Central Market Redevelopment delays
41 mins -
Gold Fields Ghana boosts cocoa production in Huni Valley District through Cocoa Farmers’ Support programme
42 mins -
Spanish government to oversee football federation after Luis Rubiales scandal
54 mins -
TikTok will not be sold, Chinese parent tells US
1 hour -
Bawumia is ready to announce his running mate – Miracles Aboagye
1 hour -
Works and Housing Ministry launches BENCHH 2024
2 hours -
You misunderstood Bawumia’s ‘driver’s mate’ analogy – Miracles Aboagye tells Naana Opoku-Agyemang
2 hours -
Bulk Oil Distributors object to government’s plan to designate BEST sole off-taker
2 hours -
NPP likely to retain Ejisu seat – Global InfoAnalytics
2 hours -
Government allocates $20m for Kpong Irrigation Scheme expansion
2 hours -
Today’s front pages: Friday, April 26, 2024
2 hours