Canada Pension and Onex mull $4.4bn Tomkins offer

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CANADA/UK - The Canada Pension Plan Investment Board and Onex, Canada's biggest publicly traded buyout firm, are examining Tomkins' accounts after signalling they may bid about £2.9bn ($4.4bn) for the British maker of auto parts and window frames.

The two investors outlined a 325 pence-a-share cash bid for Tomkins while reserving the right to lower the offer, the London-based company said today in a statement issued with the consent of its s...

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