After receiving interest from UK manufacturing buyout firm Melrose and American firm Colfax, Charter has found itself at the middle of a buyout battle.
After Melrose made a third offer of 850p per share for Charter International, a deal seemed to be near. Charter revealed last week that the Maryland-based pump system specialist Colfax has shown interest too. Melrose made a third offer of 850p per share – bringing the offer to the equivalent of £1.4 billion; however this…
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