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Tuesday broker round-up

Tue, 25th Oct 2016 10:10

(ShareCast News) - Segro: Barclays keeps at overweight with a target price of 520p.Howden Joinery: Berenberg downgrades to hold, 450p target.Standard Chartered: Deutsche Bank reiterates sell with a 574p target.Cobham: UBS reiterates neutral with a 160p target.Cobham: Barclays reiterates equal-weight with a 167p target.Countrywide: Jefferies downgrades to hold with a target price of 180p.Mitchells & Butlers: Citigroup keeps at buy with a target price of 250p.Barclays: Deutsche bank stays at hold with a 184p target.Laird: UBS downgrades to neutral with a 171p target.Petra Diamonds: Citigroup stays at neutral with a 150p target.LSL: Jefferies downgrades to hold with a target of 200p.
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18 Sep 2019 06:59

Britain orders security investigation into Cobham-Advent deal

LONDON, Sept 18 (Reuters) - Britain has ordered the competition regulator to investigate whether the agreed acquisition of defence company Cobham by U.S. private equity firm Advent International should be blocked due to national security concerns...

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17 Sep 2019 12:58

LIVE MARKETS-EU banks: vicious circle with negative rates

* European shares fall slightly, STOXX 600 down 0.2% * Defensive stocks outperform: healthcare, food & bev, utilities top risers * STOXX 600 slipped from 6-week high on Monday * Oil slightly lower after massive jump on Saudi attac...

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17 Sep 2019 10:59

LIVE MARKETS-UK industrials ripe for M&A

* European shares fall slightly, STOXX 600 down 0.2% * STOXX 600 fell 0.7% from 6-week high on Monday * Oil slightly lower after massive jump on Saudi attacks on Monday Welcome to the home for real-time coverage of European equity ma...

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16 Sep 2019 13:07

TOP NEWS: Cobham Shareholders Approve GBP4 Billion Advent Takeover

(Alliance News) - Cobham PLC on Monday said its shareholders approved of the GBP4 billion cash offer from an indirect subsidiary of US private equity firm Advent International Corp.The less

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16 Sep 2019 11:40

Cobham shareholders back $5bn US takeover

(Sharecast News) - Shareholders in British aerospace and defence company Cobham have backed a $5.0bn takeover by an American private equity firm.

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16 Sep 2019 11:02

UPDATE 1-Cobham investors back takeover by U.S. private equity group Advent

(Adds background)LONDON, Sept 16 (Reuters) - British defence and aerospace group Cobham Plc said on Monday its investors had backed a $5 billion buyout offer from U.S. private equity firm Advent International.Of the shares voted before the meeting...

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16 Sep 2019 11:02

UPDATE 2-U.S. group Advent wins $5 bln battle for Britain's Cobham

* Deal backed by 93% of proxy votes* Priced at 50% premium to stock's three-month average* Chairman says pushed as far as he could (Recasts, adds chairman quotes)By Paul Sandle and Noor Zainab HussainLONDON, Sept 16 (Reuters) - U.S. private equity f...

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16 Sep 2019 10:44

Cobham investors back takeover by U.S. private equity group Advent

LONDON, Sept 16 (Reuters) - British defence and aerospace group Cobham Plc said on Monday its investors had backed a 4 billion-pound ($5 billion)buyout offer from U.S. private equity firm Advent International.At a meeting to approve the deal in Lo...

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13 Sep 2019 20:33

UPDATE 1-Advent takeover deal for Cobham backed by most shareholders -FT

(Adds background and response from Advent)Sept 13 (Reuters) - U.S. private equity firm Advent International is set to clinch its 4 billion pound ($4.99 billion) takeover of defence and aerospace group Cobham Plc after Advent received support from ...

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13 Sep 2019 19:46

Advent takeover deal for Cobham backed by most shareholders -FT

Sept 13 (Reuters) - U.S. private equity firm Advent International is set to clinch its 4 billion pound ($4.99 billion) takeover of defence and aerospace group Cobham Plc after Advent received support from more than 75% of shareholders, the Financ...

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12 Sep 2019 08:49

RPT-Foreign trophy hunters scent bargains in Britain as pound weakens

(Repeats with no changes to text)* HKEX's offer for LSE latest in rush of inbound UK M&A* Foreign firms taking advantage of weakened pound* Analysts expect more M&A before Brexit deadline* 532 inbound deals in 2018, 2-1/2 times more than 2017By Josep...

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11 Sep 2019 17:10

Foreign trophy hunters scent bargains in Britain as pound weakens

* HKEX's offer for LSE latest in rush of inbound UK M&A* Foreign firms taking advantage of weakened pound* Analysts expect more M&A before Brexit deadline* 532 inbound deals in 2018, 2-1/2 times more than 2017By Josephine Mason, Thyagaraju Adinarayan...

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10 Sep 2019 16:03

Cobham Shareholder Sanderson To Vote Against GBP4 Billion Takeover

(Alliance News) - A leading shareholder in UK defence company Cobham PLC said it plans to vote against its GBP4 billion acquisition by a US private equity firm.Sanderson Asset Management, a

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9 Sep 2019 16:03

UK Shareholder Meetings Calendar - Next 7 Days

Tuesday 10 SeptemberMiradaEmpyrean EnergyOxford InstrumentsAshtead 11 Design Estate

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22 Aug 2019 07:24

PRESS: Banks And Advisers To Get GBP200 Million In Fees On Cobham Sale

(Alliance News) - Credit Suisse Group AG, Citigroup Inc and Goldman Sachs Group Inc are to make more than GBP200 million if the takeover of Cobham PLC gets the green light from shareholders next a

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