In a research note published this morning analysts at Nomura have sharply downgraded their view of London-listed diversified Indonesian miner Bumi plc to reflect the short-term distressed nature of the company´s finances following its recent corporate governance travails. [25 Sep '12]
Analysts at Seymour Pierce have weighed in this morning on laundry and pest control conglomerate Rentokil´s acquisition of the assets of Western Exterminator Company, the third acquisition this year since the company announced its strategy of expanding its global pest control business and by far its most significant. [25 Sep '12]
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