Chemring backed by top investor after becoming the latest target of US private equity predators

The 120-year-old defence group, led by boss Michael Ord, is reported to have received a £1.1bn offer from buyout firm Bain Capital.

Chemring backed by top investor after becoming the latest target of US private equity predators
The 120-year-old defence group, led by boss Michael Ord, is reported to have received a £1.1bn offer from buyout firm Bain Capital.