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Landis+Gyr hires CS and Lazard
Swiss smart meter company Landis+Gyr has hired Credit Suisse and Lazard Ltd to advise on a sale of the company, people familiar with the matter said yesterday. Landis+Gyr, which could be worth well over $1bn, is expected to draw interest from multi-industry conglomerates such as General Electric, Danaher, Johnson Controls and Honeywell International, as well as industrial groups based in Europe.