Manitowoc Lands Enodis

The Manitowoc Co., Inc., has completed an acquisition offer for major foodservice equipment manufacturer Enodis plc (LSE: ENO) in a transaction valued at around $2.1 billion, including the assumption of approximately $207 in debt. The transaction is subject to court approval in the U.K., the approval of Enodis shareholders, as well as regulatory approvals in various jurisdictions.

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