Barnes Group Inc. (B) recently entered into an agreement with One Equity Partners for the divestment of its Associated Spring and Hänggi businesses. The deal, valued at $175 million, includes a$15 million seller promissory note set to mature in two years. Barnes expects to utilize the net cash proceeds from the transaction, worth $150 million, to reduce the debt incurred from the MB Aerospace buyout in August 2023.The company’s shares increased 4.5$31.77.Based in ...