Tomkins Looks To Acquire Stackpole
Tomkins plc in London, England and Stackpole Ltd. in Toronto, Canada have reached agreement whereby Tomkins will make an offer to purchase all of the issued and outstanding common shares of Stackpole, a manufacturer of powertrain components, systems and assemblies, primarily for the automotive original equipment market. The proposed offer has the unanimous support of the Board of Stackpole, which is recommending that Stackpole shareholders accept the offer.
Report Abusive Comment