Cookson eyes Foseco

摘要

UK-BASED COOKSON GROUP PLC is bolstering its position as one of the world's leading refractories manufacturers by making a play for Foseco PLC and announcing further substantial investments in China.The move for Foseco,based in Tamworth,UK,follows successful talks between the parties with an offer seemingly imminent.However,at the time of press,Foseco was cautious about the deal saying:"Foseco wishes to emphasise that talks are ongoing and there is no certainty that an offer will be forthcoming."