AGA Rangemaster Confirms Discussions With Middleby For Possible Merger

(RTTNews) - Kitchen appliances and home fashion products maker Aga Rangemaster Group plc (AGA.L) on Wednesday said it has taken cognizance of the recent movement in its share price and confirms that it is in discussions with Middleby Corp (MIDD) regarding a possible cash offer for the company. Aga Rangemaster said there can be no certainty that any formal offer will be made, or as to the terms of any offer.

Also today, Middleby said its board is in preliminary discussions regarding a possible cash offer for AGA Rangemaster. According to the company, the discussions are at a very early stage.