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

Anglesey Mining plunges on uncertain outlook
27 Nov 2015

Anglesey Mining plunges on uncertain outlook

(ShareCast News) - Shares in Anglesey Mining plunged over 17% on Friday, after the miner warned its medium-term outlook remained unclear. In the six m...

Volex reshuffles board
27 Nov 2015

Volex reshuffles board

(ShareCast News) - Nathaniel Rothschild has been appointed as Volex executive chairman, the power and data cabling solutions provider said on Friday. ...

Macfarlane on track to meet full year goals
17 Nov 2015

Macfarlane on track to meet full year goals

(ShareCast News) - Labels and packaging company Macfarlane Group said it was on track to meet its expectations for 2015, as it maintained its trading ...

Sunday newspaper round-up: Paris reaction, banking fallout, HBOS, Rolls
15 Nov 2015

Sunday newspaper round-up: Paris reaction, banking fallout, HBOS, Rolls

(ShareCast News) - Analysts and strategists have predicted European and Asian stock markets will fall sharply but not lead to a major crash on Monday ...

UK retail sales slump as non-food growth slows, BRC-KPMG says
10 Nov 2015

UK retail sales slump as non-food growth slows, BRC-KPMG says

(ShareCast News) - UK retailers endured subdued sales during October, with a disappointingly flat reading for the BRC-KPMG Retail Sales Monitor and a ...

Avocet Mining lowers guidance and discusses further fundraising
29 Oct 2015

Avocet Mining lowers guidance and discusses further fundraising

(ShareCast News) - Shares in Avocet Mining fell after the FTSE Fledgeling company lowered its full year gold guidance and said it would need to raise ...

Microgen upbeat about full-year prospects as trading remains in line with expectations
22 Oct 2015

Microgen upbeat about full-year prospects as trading remains in line with expectations

(ShareCast News) - Business software group Microgen said trading has been in line with expectations in the year to date. The London-listed company sai...

REA Holdings directors join in fundraising as palm oil prices bounce back
19 Oct 2015

REA Holdings directors join in fundraising as palm oil prices bounce back

(ShareCast News) - Two directors of palm oil plantation group REA Holdings have topped up their stakes in the company as part of a £4.4m fundraising. ...