LONDON MARKET PRE-OPEN: M&C Saatchi accepts Next Fifteen takeover bid
(Alliance News) - Stocks in London were looking to end another rocky week on a strong note as sentiment got a boost from an interest rate cut in China.
Read more(Alliance News) - Stocks in London were looking to end another rocky week on a strong note as sentiment got a boost from an interest rate cut in China.
Read moreAdvancedAdvT Ltd - London-based acquisition vehicle - Notes Tuesday's rejection by London-based advertising agency M&C Saatchi of AdvancedAdvT's takeover offer. M&C Saatchi called the offer "derisory" and advised shareholders to reject the bid. Under AdvancedAdvT's most recent offer, shareholders in M&C Saatchi will for each share held either receive 2.043 new shares in the London-based acquisition vehicle and 40 pence in cash, or receive 2.530 new AdvancedAdvT shares.
Read more(Alliance News) - M&C Saatchi PLC on Tuesday said it has rejected what it considers an "unsolicited hostile offer" from AdvancedAdvT Ltd, on the grounds that it significantly undervalues the company's business and prospects.
Read moreM&C Saatchi PLC - London-based advertising agency - Agrees to further extension of "Put Up or Shut Up" deadline for London-based acquisition vehicle AdvancedAdvT Ltd to announce a firm intention to make an offer for the company or to walk away from the takeover process. AdvancedAdvT now has until May 20 to do so.
Read more(Alliance News) - M&C Saatchi PLC on Friday reported a strong 2021 and said it plans to resume dividends, while forecasting further profit growth in the years ahead.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read moreAdvancedadvt Ltd - London-based acquisition vehicle - Reports narrowed pretax loss for six months ended December 31 at GBP218,548 from GBP246,976 a year prior on lower administration costs.
Read moreIN BRIEF: M&C Saatchi gives AdvancedAdvT more time but rejects new bid
Read moreUPDATE: M&C Saatchi says improved AdvancedAdvT offer undervalues it
Read moreM&C Saatchi rejects partial cash takeover offer from AdvancedAdvT
Read moreSMALL-CAP WINNERS & LOSERS: De La Rue plunges after profit warning
Read moreLONDON MARKET OPEN: Stocks lower; Unilever rises as Trian builds stake
Read moreLONDON BRIEFING: M&C Saatchi rejects improved takeover offer
Read moreUPDATE: M&C Saatchi directors sceptical over AdvancedAdvT offer
Read moreM&C Saatchi shares plummet as AdvancedAdvt eyes "share-exchange"
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