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Aga Rangemaster shares soar on acquisition confirmation

2015-07-15 16:56:45| Industrial Machines - Topix.net

Shares in kitchen company Aga Rangemaster were up by more than 20% after confirmation that it would be taken over by US-based Middleby At 12:02 BST shares were up 20.07% to 182.50p on the news Middleby had offered to buy the range oven maker. Shareholders would receive 185p per share in Aga Rangemaster, a 77% premium over the company's June share price.

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Category:Industrial Goods and Services

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