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  "notes": "The slide highlights the successful divestment and return profile of the Nortek asset.",
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      "text": "Nortek Air Management disposal for gross proceeds of £2.6 billion ($3.6 billion), 12.5x 2020 adjusted EBITDA\nNortek Control agreed to be sold for £0.2 billion in August 2021, just under 1x 2020 revenue\nAt constant currency, Nortek is well on the way to doubling shareholders' initial equity, and achieving an IRR of >20%\nAt actual exchange rates Return on Equity is approximately 2.0x",
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      "text": "7. Nortek: 87% complete (following Nortek Control exchange of contracts)",
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      "text": "1. Assumes Ergotron is at book value as at 30 June 2021\n2. At constant currency and adjusting for the foreign exchange headwind since ownership of Nortek\n3. Described in the glossary to the 2021 Interim Financial Statements, released on 2 September 2021",
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