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

Avocet Mining draws funds to meet corporate needs until end-October
4 Aug 2015

Avocet Mining draws funds to meet corporate needs until end-October

(ShareCast News) - Avocet Mining said it has drawn down $2m in loans to meet its corporate requirements through to the end of October 2015. In a st...

Afren placed in administration after refinancing talks fail
31 Jul 2015

Afren placed in administration after refinancing talks fail

(ShareCast News) - Embattled African oil company Afren, which earlier in July suspended its shares amid uncertainty over its financial position, has b...

Source Bioscience shares rise on acquisition news
27 Jul 2015

Source Bioscience shares rise on acquisition news

(ShareCast News) - Shares in lab services firm Source Bioscience were up after the company announced it would acquire Select Pharma Laboratories in a ...

Microgen interim profits rise, completes acquisition of Jobstream
16 Jul 2015

Microgen interim profits rise, completes acquisition of Jobstream

(ShareCast News) - Business software group Microgen posted an increase in first half profits, driven by a strong performance from its Aptitude Softwar...

Aga Rangemaster shares soar on acquisition confirmation
15 Jul 2015

Aga Rangemaster shares soar on acquisition confirmation

(ShareCast News) - Shares in kitchen company Aga Rangemaster were up by more than 20% after confirmation that it would be taken over by US-based Middl...

Afren suspends shares on poor production news
15 Jul 2015

Afren suspends shares on poor production news

(ShareCast News) - Embattled oil explorer Afren suspended its shares amidst uncertainty over its financial position, though analysts were sceptical ab...

Invista European trust plunges after announcing assets sale
13 Jul 2015

Invista European trust plunges after announcing assets sale

(ShareCast News) - Shares in Invista European Real Estate plunged on Monday, after the western Europe property investor said it was seeking a rapid sa...

Hornby launches pick-up delivery service at train stations
10 Jul 2015

Hornby launches pick-up delivery service at train stations

(ShareCast News) - Iconic British railway modeler Hornby has partnered with DPD, a parcel delivery company, in a bid to enhance its supply chain. Unde...