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

Directors dealings: NAIT boosts stake in EKF Diagnostics to 14.1%
10 Jun 2016

Directors dealings: NAIT boosts stake in EKF Diagnostics to 14.1%

(ShareCast News) - Harwood Capital, acting as investment manager on behalf of North Atlantic Smaller Companies Investment Trust PLC, picked up another...

Dee Valley Group's full year profits fall slightly as revenue drops
10 Jun 2016

Dee Valley Group's full year profits fall slightly as revenue drops

(ShareCast News) - Dee Valley Group, a water company supplying north east Wales and parts of north west England, reported a slight drop in annual prof...

ScS Group sees FY profit ahead of market views
9 Jun 2016

ScS Group sees FY profit ahead of market views

(ShareCast News) - Upholstered furniture and floorings company ScS Group has completed a hat-trick of upbeat trading statement this year, its latest s...

Source BioScience gets potential 18p a share offer
3 Jun 2016

Source BioScience gets potential 18p a share offer

(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 Inv...

Haynes Publishing warns on FY profit, begins restructuring
17 May 2016

Haynes Publishing warns on FY profit, begins restructuring

(ShareCast News) - Haynes Publishing's shares plunged more than 12% after it warned full-year pre-tax profits before exceptional costs will come in up...

Palm oil giant REA Holdings selling stake in Borneo operation
16 May 2016

Palm oil giant REA Holdings selling stake in Borneo operation

(ShareCast News) - Palm oil company REA Holdings announced on Monday that is had reached a conditional agreement with PT Dharma Satya Nusantara (DSN),...

Microgen acquires Infoscreen (Cyprus) Ltd
16 May 2016

Microgen acquires Infoscreen (Cyprus) Ltd

(ShareCast News) - Microgen's financial systems business has acquired Infoscreen of Cyprus for €1.8m, its fourth deal in the trust and fund administra...

Harvey Nash annual profit up but UK market slowing
28 Apr 2016

Harvey Nash annual profit up but UK market slowing

(ShareCast News) - Recruiter Harvey Nash posted a rise in full-year profit but said concerns over a possible Brexit have contributed to a slowdown in ...