going on?... SP is above the 126.5 agreed takeover price and there have been open market purchases at 126.5 by the offeror...
6 Nov '14
yep, well stuffed, more than a Chimichanga burrito (incidentally burrito is Spanish word for little donkey). Not the first time this has happened, e.g. ABS Insurance, and the original Denby Pottery. Only consolation is that some of the pain is absorbed by HMRC as holdings purchased when ISAs could not hold AIMers. GL debeege and other holders...
6 Nov '14
Zero Premium Takeover?
A joke for current holders surely.
5 Oct '14
One of Britain’s most successful restaurant dynasties, the Kaye family, is cooking up a bold plan to reunite three of the country’s best known Italian restaurant chains as part of a £500m deal. The Kayes are believed to have held talks with private equity firms Advent and TPG to bid for Aim-listed Prezzo as well as Ask and Zizzi, all of which were founded by family members. If the two deals were to come off, it would create a casual dining chain with almost 500 restaurants nationwide. Philip Kaye, the patriach of the family, owns a 44pc stake in Prezzo, which nephew Jonathan runs. Philip also founded Zizzi and ASK - the latter is named after his sons, Adam and Sam Kaye, who sit on Prezzo’s board
2 Oct '14
see bid RNS
PRZ has to be worth a lot more than SP... see my June post that makes a comparison with the take-over valuation of Pizza Express.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.