Madison Dearborn to Buy Schrader Unit from Tomkins for $505 Mln

By Luisa Beltran — 4 years ago

Tomkins, which is backed by Onex Corp. and Canada Pension Plan Investment Board, has agreed to sell its Schrader division to Madison Dearborn Partners. The sale price is $505 million cash, plus a small minority equity interest in the parent of the purchasing company. The deal is expected to close in the second quarter. Schrader […]