Melrose to return at least $3 bln to investors after Elster sale
October 06, 2015 at 02:41 AM EDT
Oct 6 (Reuters) - Engineering company Melrose Industries Plc said it intends to return proceeds of between 2 billion pounds and 2.5 billion pounds ($3 billion-$3.8 billion) to shareholders following the sale of its utility consumption metering business.