Manitowoc wins Endois auction July 1, 2008 Manitowoc last night snapped up British kitchen appliance maker Endois, fending off fierce competition from rival Illinois Tool Works. Both firms went head to head in an auction to take over Endois, but USbased Manitowoc’s offer of 328p a share won through. “Throughout this process, we reaffirmed our belief in the opportunities that Enodis provides. [...]
Growth fears as oil surges to fresh peak July 1, 2008 Motorists and business to be hit as oil hits a new record of $143 a barrel in New York Crude oil prices rose to a record high of over $143 per barrel yesterday due to tensions in the Middle East, stoking fears that the global economy is being throttled by a double whammy of sky [...]