Onex, Canadian Pension Board Eye $4.4B Tomkins Bid
Tomkins' board confirmed that the pair has proposed paying 325 pence per share in cash for the company and said it had let Onex and the CPPIB conduct due diligence on its operations.
The board has considered the proposal and said due diligence is currently "at an advanced stage."
Onex and the CPPIB have...
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