The deal - which will see Brother pay 915p per share for the company - is being recommended to shareholders by the Domino board. The news prompted Domino's share price to soar more than 30 percent.
Reports say that the Bar Hill company will continue to operate as a stand-alone division and that its management will stay on.
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Brother set to take over Domino for £1 billion
12 March 2015
As widely reported yesterday, Cambridge-based inkjet leader Domino Printing Sciences is to be acquired by Japanese multinational Brother in a deal worth £1 billion.