Key Developments: AGA Rangemaster Group PLC (AGA.L)
Latest Key Developments (Source: Significant Developments)
Middleby Corp and AGA Rangemaster Group Plc:Say terms of recommended cash acquisition by Bidco (a wholly owned subsidiary of Middleby) for entire issued and to be issued ordinary share capital of AGA to be implemented by means of scheme or, if Bidco so elects and takeover panel consents, takeover offer (acquisition).Say under terms of acquisition, AGA Shareholders will receive: 185 pence in cash for each AGA Share.Say acquisition values entire issued and to be issued share capital of AGA at about 129 million pounds. Full Article
AGA Rangemaster Group Plc:Board has decided not to pay an interim dividend (half year 2013: nil pounds). Full Article
AGA Rangemaster Group Plc:Sees a higher revenue growth rate in the H2 2014 bringing improved trading results for the year. Full Article
AGA Rangemaster Group Plc:Says it is not recommending a final dividend. Full Article
LONDON - Aga Rangemaster , the maker of the range cooker which is often a feature of British country homes, is being sold to American kitchen equipment company Middleby for $201 million.