EXCLUSIVE-Landis+Gyr hires advisors on potential sale-sources

Newswire

NEW YORK, Feb 17 (Reuters) - Swiss smart meter company Landis+Gyr has hired Credit Suisse and Lazard Ltd to advise on a potential sale of the company, people familiar with the matter said on Thursday. Landis+Gyr, which could be well over $1 billion, is expected to draw interest from multi-industry conglomerates such as General Electric Co , Danaher Corp , Johnson Controls Inc and Honeywell International Inc , as well as industrial groups based in Europe and Japan, three sources said. ...

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