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Epwin Group's board agreed to an all-cash takeover bid of 120p per share from Laumann Group, a private German company. The offer represents a 31.9% premium and values Epwin at approximately £163 million.
“Epwin has announced an all-cash offer from private German company, Laumann Group, for the entire share capital of Epwin.”edisongroup.com
Summarized from public sources; check the original articles before acting on it.