Enodis plc has accepted a $2.3 billion buyout offer from Illinois Tool Works, Inc., declining an earlier $2.1 billion offer from Manitowoc Co., Inc. Any buyout of Enodis would have to receive regulatory approval in the United Kingdom and U.S., as well as shareholder approval.
Register to view this Article
Why Register for FREE?
Registering for Premium Content on Food Management will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.