6 months ago
30
Building products supplier is latest British-listed company to be bought by a foreign buyer
The London Stock Exchange’s mid-sized FTSE 250 index is due to lose a 186-year-old manufacturing company to a US takeover – the latest in a series of purchases by foreign buyers in recent years.
Tyman, a FTSE 250 member that makes door and window components, will be bought by its US rival Quanex in a £788m cash and shares deal, the two companies announced on Monday.
Continue reading...