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.
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