ENRC.L Share News (ENRC)
ENRC Share
ENRC Share
ENRC Share
ENRC Share
ENRC
ENRC Share
ENRC Broker
ENRC Directors
ENRC Financial
ENRC
ENRC Short
ENRC
Royal Bank of Scotland was in the lead after Numis raised its target price from 308p to 410p, while upgrading the stock to buy. Budget airline easyJet was also flying high after both Deutsche Bank and Citigroup lifted their target prices for the stock following last week's first-half results. Citi
Read moreThe FTSE 100 had erased its early-morning gains by Monday lunchtime, as strong performances by easyJet and RBS were offset by heavy falls in the mining sector. "A dearth of economic data in Europe this morning is mirrored across the Pond, giving traders the opportunity to pause and assess ahead of
Read more
(Rewrites first paragraph, adds details on impact of share offer, share price, background) By Clara Ferreira-Marques LONDON, May 20 (Reuters) - Miner Kazakhmys, a top shareholder in ENRC, said it would consider a potential cash-and-share buyout bid for its rival, giving its first resp
Read moreLondon's benchmark index was trading at levels not seen in over a decade on Monday morning, boosted by record closing prices in the States on Friday on the back of an improved outlook for the global economy. The FTSE 100 surpassed its 2007 high of 6,732 in intraday trade this morning as it continue
Read moreEurasian Natural Resources (ENRC), the mining company 26 per cent-owned by fellow miner Kazakhmys, has confirmed that the indicative proposal made by a consortium on May 16th envisaged an offer of 175p per share in cash and 0.231 of an existing Kazakhmys shares for each ENRC share. Major sharehold
Read moreLONDON, May 20 (Reuters) - Kazakh miner Kazakhmys said on Monday its stake in rival ENRC, facing a potential buyout offer from its trio of founders, was not a strategic investment and it would consider any proposed offer for the stock. Kazakmys owns 26 percent of ENRC, left over from a fai
Read moreLONDON, May 19 (Reuters) - Kazakhstan's government and the trio of founders behind miner ENRC, seeking to take the company private, have offered shares in rival Kazakhmys as well as cash in an indicative proposal valuing the group at just under $5 billion. ENRC's billionaire co-founders, A
Read more* Committee to consider proposed inquiry on Tuesday * ENRC, Bumi among those expected to testify By Clara Ferreira-Marques LONDON, May 19 (Reuters) - Britain's parliament will this week consider whether to probe the transparency of oil and mining firms listed in London, an issue
Read moreLONDON, May 19 (Reuters) - The offer for miner ENRC made by its founding shareholders and the Kazakh government included shares in rival miner Kazakhmys, a British newspaper reported on Sunday. The board of ENRC on Friday rejected the proposed buyout of the trouble Kazakh miner's minority
Read more* Independent directors say bid "materially undervalues" ENRC * Bidders have until June 3 to submit revised, firm offer * Proposed offer at or around current market price - source (Adds valuation details, share movement, background, Kazakhmys) By Clara Ferreira-Marques L
Read moreThe FTSE 100 rallied in afternoon trade after some better-than-expected economic data from the States, pushing the index to new five-and-a-half-year highs. A strong surge so far this month has now lifted London's equity benchmark to within touching distance of the 2007 high of 6,751. The Footsie ha
Read moreAn approach by a group of ENRC's founding shareholders regarding a possible takeover is not high enough, according to the mining company which has allowed the consortium more time to revise up its proposal. Major shareholder Alexander Machkevitch and fellow oligarchs Patokh Chodiev and Alijan Ibrag
Read moreLONDON, May 17 (Reuters) - The board of Kazakh miner ENRC has given its trio of founding shareholders until June 3 to revise a proposed offer which it said "materially undervalued" the group. "We believe the current proposal materially undervalues ENRC, and we will use the extension to see
Read moreLONDON, May 17 (Reuters) - Shares in London-listed Kazakh miner ENRC fell more than 8 percent after a report that the group's trio of founding shareholders had submitted a letter detailing an offer below 300 pence per share. At 1440 GMT, the stock was down 7.2 percent at 274 pence. Bl
Read moreBanks were making a strong rise after UBS lifted its rating for the global banking sector from 'underweight' to 'overweight', saying that the operating environment is beginning to improve. In a research report titled 'Post-crisis banking', UBS said that the tone of its Global FID conference earlier
Read more