BREAKINGVIEWS-Tomkins takeover disclosure is two-part comedy

Newswire

By Neil Collins LONDON, July 27 (Reuters Breakingviews) - Last week, the UK conglomerate said it was opening the books to a private equity consortium. Now the independent directors are recommending an offer with a comic twist: the execs are alongside the buyers. No wonder the bid vehicle is named after a Gilbert & Sullivan opera. A considered view will be published shortly. CONTEXT NEWS -- Reuters story: Tomkins backs $4.5 bln Canadian bid, year's top LBO [ID:nLDE66Q0B4] -- The ...

Premium Content (PAID Subscription Required)

"BREAKINGVIEWS-Tomkins takeover disclosure is two-part comedy" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×