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Hayward Tyler in play
Order delays could cost embattled pumps specialist Hayward Tyler (HAYT:AIM) its independence after it admitting ongoing talks over a possible takeover by niche engineer Avingtrans (ABG:AIM). The company says negotiations are at a ‘very early stage’ and there are no details of an implied price. Hayward Tyler warned in February of delays to £30m worth of contracts.