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

Sofa so good for ScS over Christmas
19 Jan 2016

Sofa so good for ScS over Christmas

(ShareCast News) - Furniture retailer ScS Group said it expected to deliver annual profits "significantly ahead" of expectations after strong festive ...

JKX Oil notes Ukraine gas production tax cut
7 Jan 2016

JKX Oil notes Ukraine gas production tax cut

(ShareCast News) - JKX Oil & Gas said on Thursday that the Ukraine government has passed legislation to reduce the gas production tax there from 55% t...

Record skips lower after large hedging mandate suspended
7 Jan 2016

Record skips lower after large hedging mandate suspended

(ShareCast News) - Shares in Record slumped after the currency manager admitted that a dynamic hedging mandate it was supplying had been suspended pen...

Avocet Mining relief at arbitration result
29 Dec 2015

Avocet Mining relief at arbitration result

(ShareCast News) - An arbitration hearing has found in favour of Avocet Mining in almost all respects against J&Partners, the company that bought its ...

Local Shopping rescue plan continues with property disposals
17 Dec 2015

Local Shopping rescue plan continues with property disposals

(ShareCast News) - Local Shopping's rescue plan continued apace on Thursday, as the real estate investment trust updated the market on the last 12 mon...

Titon Holdings full year profit rises thanks to Korea subsidiary
10 Dec 2015

Titon Holdings full year profit rises thanks to Korea subsidiary

(ShareCast News) - Titon Holdings posted a rise in pre-tax profit for the year to the end of September as revenue advanced, largely thanks to a solid ...

Candover Investment completes exit from Stork investment
7 Dec 2015

Candover Investment completes exit from Stork investment

(ShareCast News) - Candover Investment said private equity manager Arle Capital Partners has reached a deal to sell asset integrity services provider ...

French Connection rallies as it reports strong winter trading
30 Nov 2015

French Connection rallies as it reports strong winter trading

(ShareCast News) - Shares in French Connection surged after the fashion retailer said its performance in winter was better than expected and announced...