New Jersey And Paris
MORRIS TOWNSHIP, New Jersey and PARIS, May 19, 2010 - -- Honeywell to make euro 117 per share all-cash tender offer for Sperian
Protection shares representing a 93% premium on the spot price as of March
30th (last unaffected share price before Cinven's offer) and a 67% premium
over the price previously offered by Cinven
-- Sperian's Board of Directors unanimously approves the tender offer
agreement and intends to recommend Honeywell's offer upon receipt of a
fairness opinion
-- Essilor and Mrs.