01:22 PM EDT, 06/26/2024 (MT Newswires) -- Barnes Group ( B ) is exploring strategic possibilities including a potential sale of the business and has hired advisers to solicit interest from potential buyers, Bloomberg reported Wednesday, citing people with knowledge of the matter.

The company, which has a market value of around $2 billion, may opt to remain public, the report cautioned.

Barnes Group ( B ) did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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