Sincere apologies - I forgot to highlight in my post earlier today that Weir Group offered some cash in its latest £8.5 billion merger proposal to Finnish engineer Metso.
Some readers might not remember that a few weeks ago when I suggested Weir Group might be willing to offer some cash to Metso as part of fresh takeover proposal for the business, the company went a tad ballistic, going on the record with a non-denial, denial to any news service that would listen.
A cheeky financial blog with stories about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. [Disclaimer - the information on Betaville does not constitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions.]
Showing posts with label Takeover. Show all posts
Showing posts with label Takeover. Show all posts
Wednesday, 28 May 2014
Monday, 19 May 2014
AstraZeneca rejects latest Pfizer approach
Wow - AstraZeneca has rejected Pfizer's fresh £55.00 a share offer.
Now, I have to admit I didn't see that coming. I thought the raise would allow both companies to at least start talking and get an extension to the "put up or shut up" deadline.
Now, I have to admit I didn't see that coming. I thought the raise would allow both companies to at least start talking and get an extension to the "put up or shut up" deadline.
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