Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAfrican Eagle Resources Share News (AFE)

  • There is currently no data for AFE

Source BioScience gets potential 18p a share offer

Fri, 03rd Jun 2016 12:00
(ShareCast News) - Shares in Source BioScience are up more than 15% after it received a potential but firm 18p a share cash offer from Continental Investment Partners SA and Harwood Capital LLC.The potential offer was, subject to due diligence, expected to include an unlisted securities alternative, Source BioScience said.An 18p a share tilt would represent a premium of about 21% to the closing mid-market price of Source BioScience's shares on Thursday. Today they are up 15.13% to 17.12p.Certain clients advised by Continental hold 25.46m shares in Source BioScience, representing about 7.29% of that company's issued capital. Funds managed or advised by Harwood hold 82.5m shares, or about 23.62%.

Related News

SourceBio launches new Covid-19 testing product with Oxford Nanopore
15 Dec 2020

SourceBio launches new Covid-19 testing product with Oxford Nanopore

(Sharecast News) - Laboratory services provider SourceBio International has entered into a strategic commercial partnership with DNA and RNA sequencin...

UK BROKER RATINGS SUMMARY: Citi Upgrades National Grid And 3i Group
9 Dec 2020

UK BROKER RATINGS SUMMARY: Citi Upgrades National Grid And 3i Group

UK BROKER RATINGS SUMMARY: Citi Upgrades National Grid And 3i Group

Centaur Media shares plunge as it offloads financial services division
1 Apr 2019

Centaur Media shares plunge as it offloads financial services division

(Sharecast News) - Centaur Media shares were in the red on Monday morning, after the business information and specialist consultancy firm announced th...

African Eagle Resources News

Bioquell lifts H1 profit, restructures management
24 Aug 2016

Bioquell lifts H1 profit, restructures management

(ShareCast News) - Bioquell has booked a first-half pre-tax profit of £378,000, from a profit of £69,000. Revenue slipped to £12.1m, from £12.5m. It c...

Candover Investments net assets per share drop in first half
24 Aug 2016

Candover Investments net assets per share drop in first half

(ShareCast News) - Candover Investments reported a drop in its net assets per share in the first half of the year. For the half year to the end of Jun...

London close: Blue-chip miners, banks push FTSE higher as house builders fly
23 Aug 2016

London close: Blue-chip miners, banks push FTSE higher as house builders fly

(ShareCast News) - London indices closed up thanks to heady gains among house builders after Persimmon posted robust first-half results, with miners, ...

Centaur Media launches £1m share buy-back programme
16 Aug 2016

Centaur Media launches £1m share buy-back programme

(ShareCast News) - Centaur Media launched a £1m share buy-back programme which was to be executed on the open market. The resulting Treasury shares wo...

Future buys shopping comparison business Next Commerce
16 Aug 2016

Future buys shopping comparison business Next Commerce

(ShareCast News) - Media group Future has acquired digital shopping comparison business Next Commerce for an undisclosed cash consideration. Next, whi...

Sunday newspaper round-up: Brexit in 2019, bank regulation, ITV, William Hill
14 Aug 2016

Sunday newspaper round-up: Brexit in 2019, bank regulation, ITV, William Hill

(ShareCast News) - Britain could remain in the EU until late 2019, almost a year later than predicted, ministers have privately warned senior figures ...

SCS Group says FY results to meet market expectations
9 Aug 2016

SCS Group says FY results to meet market expectations

(ShareCast News) - Furniture retailer SCS Group said it expects full-year results to be in line with market estimates as it reported a jump in like-fo...

Sunday share tips: Johnston Press, IG Design
7 Aug 2016

Sunday share tips: Johnston Press, IG Design

(ShareCast News) - Sell shares in Johnston Press, was the advice of the Sunday Times' Inside the City column. The publisher, recently added to its sta...