Enodis backs takeover offer

Kitchen equipment firm Enodis today gave its backing to a takeover by the same American firm it snubbed two years ago.

Enodis backs takeover offer
Mon, 14 Apr, 2008 - 08:42

Kitchen equipment firm Enodis today gave its backing to a takeover by the same American firm it snubbed two years ago.

Enodis, which started life as a food merchant in the mid-19th century, unveiled an agreement with Manitowoc worth 260p a share, valuing the London-listed business at £948m (€1.2bn).

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