Article: US firms fight for control of Enodis; BID BATTLE.(Business)

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 ...

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