Summary
Kitchen equipment maker Enodis has reiterated its rejection of Aga Foodservice Group's 197p per share offer, saying that there was "no commercial logic" to the combination of both companies.
Enodis, which had already rejected the approach last week, saying it undervalued the company, yesterday unveiled a 44 per cent rise in full-year pretax profits to pounds 64 million and said it would look for further bolt-on acquisitions to keep growth moving ahead.See the full content of this document
Extract
Enodis Again Turns Down Offer by Aga
Group chief executive Dave McCullough said: "We are mainly, but not only, targeting bolt-ons between pou...
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