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BRK mounts £35m bid to acquire safety products firm Sprue Aegis

29th April 2013

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COVENTRY based safety products manufacturer Sprue Aegis is set to be taken over by one of its major shareholders in a near £35m deal designed to maximise the potential of the business. On April 7 Sprue Aegis entered into a standstill agreement with Jarden Corporation which restricted Jarden's ability to increase its interest in Sprue Aegis' share capital above 29.9%. The standstill agreement expired earlier this month. Smoke alarm supplier BRK, a wholly-owned subsidiary of Jarden Corporation – and one of the b......for the full story register now for free or login below...


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