Finance
UK's Rosebank Industries raises $1.55 billion for US-based ECI's acquisition
Published by Global Banking & Finance Review®
Posted on June 6, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 6, 2025
1 min readLast updated: January 23, 2026
Rosebank Industries secures $1.55 billion to acquire US-based ECI, finalizing the deal under $1.9 billion through debt and capital raise.
(Reuters) -British investment firm Rosebank Industries on Friday said it will raise about 1.14 billion pounds ($1.55 billion) to finance the acquisition of U.S.-based Electrical Components International.
Rosebank, which focuses on acquiring, enhancing and eventually selling businesses, had restarted talks to buy ECI earlier this week for under $1.9 billion.
The British company finalised the deal value at less than $1.9 billion on Friday, which will be financed through debt facilities and a fully underwritten institutional capital raise at 3 pounds apiece.
($1 = 0.7373 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Mrigank Dhaniwala)
Rosebank Industries is raising approximately 1.14 billion pounds, which is equivalent to $1.55 billion, to finance the acquisition.
Rosebank Industries is targeting the acquisition of U.S.-based Electrical Components International (ECI).
The finalized deal value for the acquisition is less than $1.9 billion.
The acquisition will be financed through debt facilities and a fully underwritten institutional capital raise at 3 pounds per share.
The acquisition deal was reported by Yamini Kalia in Bengaluru, with editing by Mrigank Dhaniwala.
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