|
|
Article: US firms fight for control of Enodis; BID BATTLE.(Business)
- Article from:
- The Birmingham Post (England)
- Article date:
- May 21, 2008
CopyrightCOPYRIGHT 2008 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Kitchen equipment maker Enodis has changed horses again.
It is now recommending the latest bid from US refrigerator and crane equipment manufacturer Manitowoc - a five per cent premium to a previously Enodis backed offer from Illinois Tool Works.
Enodis added that Manitowoc had also agreed to reinstate the EUR50 million (pounds 25.7 million) termination fee in relation to antitrust clearances which had ...