Tomkins in £2.9bn takeover talks

British industrial firm Tomkins is in talks over a potential £2.9bn (€3.43bn) takeover, it was revealed today.

Mon, 19 Jul, 2010 - 08:58

British industrial firm Tomkins is in talks over a potential £2.9bn (€3.43bn) takeover, it was revealed today.

The group said it had received an approach worth 325p-per-share from a consortium comprising US private equity firm Onex Corporation and the Canada Pension Plan Investment Board.

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