The Week Ahead: US and Europe set to hold back SABMiller - The Independent
Mon, 18 Jul 2011 00:44Results/Updates: IG Group, Intermediate Capital and Land Securities. Results/Updates: BHP Billiton, BTG, International Personal Finance, the London Stock Exchange and Severn Trent. With the soft drinks group's share price having plummeted nearly 15 per ...
Charter rejects improved £1.4bn Melrose offer - CITY A.M.
Fri, 15 Jul 2011 17:53Melrose had raised its offer to £8.40 per share for Charter, which valued the company at £1.4bn. Despite the offer being a 40 per cent premium to its Wednesday closing share price, Charter's board said it did not reflect the business' true value. ...
Italy worries send banks lower and bring FTSE 100 off its highs - The Guardian
Fri, 24 Jun 2011 16:23Stratex is also looking at a possible spin off of its African assets to maximise shareholder value. Analysts at Westhouse have put a target price of 13p on Stratex shares. Elsewhere kitchen supplier Howden Joinery Group added 1.2p to 104.3p after rival ...
UPDATE 1-Melrose makes $2 bln preliminary approach to Charter - Reuters
Wed, 29 Jun 2011 12:01"One could imagine shareholders aspiring for a share price of 800 pence, or even 850," he said. "But given the challenges the ESAB business is facing right now, anything north of that would be quite difficult to achieve." Meanwhile, Melrose said any ...
Charter International CEO steps down - Financial Times
Tue, 28 Jun 2011 11:25Brendan Colgan has been promoted to become chief executive of ESAB, the company's welding and metal-cutting equipment division, which accounts for about 65 per cent of group revenues. The sharp fall in Charter's share price last week followed a warning ...