Tomkins to unbundle RHM arm

12 July 1999

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)