MANITOWOC , WIS .—Manitowoc Co. Inc., the equipment supplier based here, has agreed to buy London-based equipment manufacturer Enodis Plc. for $2.1 billion. The transaction includes the assumption of Enodis’ net debt, which was valued at about $207 million as of Sept. 29, 2007. The deal is expected to be finalized during the fourth quarter of 2008. It is subject to approval by the court in the United Kingdom, Enodis shareholders, and U.S. and European regulators. ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!