|
On 4 April 2008 Cookson Group plc successfully completed the acquisition of Foseco plc by way of a court approved scheme of arrangement.
The recommended cash offer was announced on 11 October 2007 and the transaction required clearance by the competition authorities in the EU and the US and both Foseco and Cookson shareholders, all which were obtained in March 2008.
Foseco is highly complementary to Cookson’s existing ceramics division with both businesses supplying products and services into the foundry and steel-making industries
For further information, please use our link to Cookson web site, herebelow.
|