Purchase of Tomkins advances

McNulty, Mike
August 2010
Rubber & Plastics News;8/9/2010, Vol. 40 Issue 1, p1
Trade Publication
The article informs that the first step to purchase Tomkins PLC by Pinafore Acquisitions Ltd. has been started as board of directors of Tomkins has approved its takeover bid on July 27, 2010. According to a Tomkins spokeswoman, the firm now needs support of majority of its shareholders. According to a Pinafore spokesman, currently it has the support of two major Tomkins' shareholders, JPMorgan Asset Management Ltd. and Schroder Investment Management Ltd.


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