Industry News, Ink Manufacturers News, Mergers and Acquisitions, Printers News

Domino to be Acquired by Brother Industries

Domino shareholders will receive 915 pence per share.

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By: Catherine Diamon

Director, Executive Internal Communications, GAF

Brother Industries Ltd. has agreed to buy Domino Printing Sciences for 1.03 billion pounds ($1.6 billion) in cash to expand in labels and packaging as the home and office printing market declines. Shareholders of Cambridge, UK-based Domino will receive 915 pence per share, or a 27% premium to the stock’s last closing price in London, the company said in a statement. Domino’s directors plan to recommend that shareholders accept the offer, which would value the company at about 15.4 times earni...

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