Melrose raises Charter bid to 840p a share - Financial Times
Thu, 14 Jul 2011 13:31On Thursday, Melrose argued that its sweetened approach, made three days ago, represented a premium of 40 per cent over Charter's closing share price the day before its original approach. However, the revised offer is just above a high of 825½p hit in ...
Tuesday tips round-up: Electrocomponents, United Carpets, Phytopharm - ShareCast
Tue, 19 Jul 2011 05:58But then, once the details were out, the market changed tack, driving the share price up on a combination of relief and signs of an uptick in the civil aerospace market. The Independent thinks the company is on the right track, and well placed to ...
FTSE live: market report - as it happened July 14, 2011 - Telegraph.co.uk
Fri, 15 Jul 2011 05:41The broker upped its rating on the Black Horse to “buy” in light of weakness in the share price. Analysts suggested that the recent underperformance “appears to have been related to rising market concerns over sovereign debt burdens, particularly in ...
Maple stymies LSE with cash plus political clout - Financial Times
Wed, 29 Jun 2011 21:49It recently warned on profits, triggering a share price tumble and the resignation of chief executive Michael Foster. Futile for Charter to complain it has been ambushed. That happens to gnus. More pertinent to challenge Melrose's disingenuous claim ...
Higher cigarette prices lift Imperial Tobacco - Telegraph.co.uk
Mon, 04 Jul 2011 22:56Another riser was engineering group Charter International, which added to Friday's gains, ticking up 12 to 828½p. The company has turned down a 780p-a-share offer from Melrose. UBS raised its target price on the stock from 550p to 850p. ...