Axis-Shield share price rises after first-half revenue boost - Herald Scotland
Wed, 06 Jul 2011 02:09SHARES in Axis-Shield yesterday jumped more than 5% after the Scottish-Norwegian maker of medical diagnostic kits said its revenues had increased by 10% in the first six months of 2011. The company, which has dual headquarters in Dundee and Oslo, ...
Hybridan's Small Cap Wrap - Interactive Investor
Sun, 17 Jul 2011 23:07This offer represented a premium of 37% to the Axis-Shield share price on the day preceding the announcement and values Axis-Shield at approximately £230 million. The board of Axis-Shield confirmed it had rejected the approach on the basis that it ...
Hostile Deals Are All the Rage - Wall Street Journal (blog)
Tue, 12 Jul 2011 16:00Just last week, UK diagnostics company Axis-Shield PLC rejected an unsolicited takeover bid from US Alere Inc. at 460 pence a share–a 37% premium to its target's current share price. If that's the case, then SABMiller's opening salvo will have to be ...
London close: FTSE 100 limps back above 6000 - ShareCast
Wed, 06 Jul 2011 16:06Diagnostics company Axis-Shield soared after it rejected an approach by US rival Alere, causing its shares to leap in value. Axis-Shield said the £230m bid by Alere "fundamentally undervalued" the company and its future prospects. The share price of ...
Axis-Shield takeover move 'shows appeal' of Scottish technology - Scotsman
Sat, 09 Jul 2011 23:01A source close to the Massachusetts-based firm said he was surprised the board had rejected the "handsome" offer, which came at a 37 per cent premium to Tuesday's closing share price and 45 per cent higher than its six-month average price.
Sector:
