Hints and tips:
Related Special Reports
Related Topics
...And Aaron Ravenscroft, who runs crane manufacturer Manitowoc, added that clogged US ports had caused “prices to go bonkers”. But he noted that the issue had eased somewhat....
...He also cites smaller companies, such as road building machinery maker Astec Industries and crane manufacturer Manitowoc, “especially if you’re going to do a lot of bridge maintenance work”....
...“I’ve dealt with guys like Donald Trump my whole life . . . who would look down on us because we didn’t have a lot of money or [our] parents didn’t go to college,” he said at a speech in Manitowoc, Wisconsin...
...“You matter,” the Democratic presidential nominee told the audience at the plant in Manitowoc, near the Lake Michigan shore....
...Icahn Enterprises also revealed in a regulatory filing that federal prosecutors in New York were examining the sale of shares in Manitowoc, a crane manufacturer, last year, just days before the Trump administration...
...Freeport-McMoRan’s shares underperformed the S&P 500 on Friday, but fell just 1.2 per cent, while Manitowoc’s stock declined 3.7 per cent....
...Manitowoc said on Friday that it had retained Goldman Sachs as an adviser and has already spoken to Relational....
...Manitowoc , the crane maker, said on Friday that it planned to refinance about $400m of debt, sending its shares up 5 per cent to $13.70....
...“Up until the end of [2008], we were delivering 15 to 20 new cranes a month to Dubai,” says David Semple, the Middle East sales director for Manitowoc, one of the world’s leading crane manufacturers....
...Manitowoc is involved in all aspects of infrastructure and makes things ranging from cranes to food-service equipment and military ships....
...Manitowoc initially offered 258p a share and a 2p dividend....
...The board of Enodis switched horses on Tuesday, announcing it would now recommend Monday’s improved bid from US engineer Manitowoc....
...Manitowoc and Illinois Tool Works have put their battle for Enodis on hold as they wait to hear whether the UK Takeover Panel will advise the UK catering equipment maker to establish a more formal auction...
...Manitowoc’s winning bid was 34p more than its previous offer of 294p a share in May, which had prompted Enodis to switch its recommendation from an earlier 280p offer from ITW....
...Glen Tellock, Manitowoc’s president and chief executive, said the company had pitched a full price in the auction....
...Enodis, which sells specialised equipment to the likes of Starbucks and McDonald’s, granted Manitowoc access to the data room on Wednesday....
...Illinois Tool Works launched a counterbid for Enodis on Thursday, disrupting what had appeared to be a done deal with Manitowoc, its US rival....
...- Enodis has accepted a £948m cash offer from Manitowoc. - The end nears for Erinaceous. —...
...Glen Tellock, Manitowoc president and chief executive, said: “We have long recognised the value that a combination of the food service businesses of Enodis and Manitowoc would create.”...
...Manitowoc has declined so far to make its intentions clear....
...Related links: Manitowoc raises offer for Enodis – FT.com Lombard on UK engineering...
...Manitowoc said it was considering its options on Thursday following the earlier announcement by ITW and Enodis....
...Enodis, which has switched its recommendation to shareholders back and forth since Manitowoc’s conditional approach in April....
...British niche engineering companies have been courted aggressively, with Manitowoc acquiring Enodis, FKI selling out to Melrose and Expro receiving bids from private equity and trade buyers....
...No wonder Manitowoc has agreed to take on Mr McCulloch and his two top executives....
International Edition