Coleman agrees to buy 60 per cent of its French counterpartfrom Butagaz, a subsidiary of Shell, for FFr 404($81) per share, valuing the company at $97 million. Butagaz owns70 per cent of the company and the remainder is publicly traded.Subject to approvals from E.U. anti-trust authorities, Colemanplans a tender offer for the public float at FFr 404 per share.Coleman also has an option on the remaining 10 per cent retainedby Butagaz.

Camping Gaz is a $200 million company which, likeColeman, is known for camping appliances.The chief difference in the product lines is that Coleman productsare fueled by liquid fuel and propane, ... Log in to view full article.