Scott Cagehin
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Onex, CPPIB eye $4.5 billion bid for Britain's Tomkins
Jul 19, 2010 10:45 EDT
LONDON/TORONTO (Reuters) - Onex Corp <OCX.TO> and the Canada Pension Plan Investment Board are considering a $4.5 billion takeover bid for UK car parts maker Tomkins Plc <TOMK.L> as the weak British pound encourages two more North American investors to snap up assets.
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