Tomkins to unbundle RHM arm
THE industrial conglomerate Tomkins is to demerge its baking and foods division Rank Hovis McDougall (RHM) with a price tag of up to £1.7bn.
RHM was acquired by Tomkins in 1992 for £991m.
- The Times 12/07/99 page 47 (Companies), page 52
- The Independent 12/07/99 page 14 (Briefing)
- Financial Times 12/07/99 page 21
- The Guardian 12/07/99 page 21
- The Daily Telegraph 12/07/99 page 23, page 27 (The City Checklist), page 27 (This Week)