CANADA/UK - Canada Pension Plan Investment Board and Onex Corp. have garnered sufficient shareholder support for their £2.89bn ($4.4bn) purchase of Tomkins Plc.
About 90% of Tomkins voters backed the bid at a general meeting today, the London-based maker of auto parts and bath tubs said in a statement. Investors will receive 325 pence per share in cash, 41...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date