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Apple "Do Not Plan" On Making Offer For Imagination Tech
LONDON (Alliance News) - Apple Inc Tuesday confirmed it had "some discussions" with Imagination Technologies Group PLC, but said it does "not plan to make an offer for the company at this time".
Imagination Technologies saw its shares soar on Tuesday morning after a report by technology news website Ars Technica suggested Apple was in advanced talks to buy the UK-listed company.
Imagination Technologies shares were trading up 0.7% at 186.25 pence per share on Tuesday afternoon, having risen as high as 225.15p.
By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Latest IMG News
- Apple inks licensing deal with Imagination Technologies
2 Jan 2020 - Total renewables unit targets Africa's power-starved mining sector
19 Mar 2018 - CANADA STOCKS-Toronto stocks edge up, following global markets higher
12 Mar 2018 - UPDATE 1-CANADA STOCKS-TSX ends higher alongside global stocks, oil, metals
9 Mar 2018 - Imagination Technologies boosted by Numis upgrade
7 Dec 2016 - BROKER RATINGS SUMMARY: Credit Suisse Raises Rio Tinto And Cuts BHP
7 Dec 2016 - Peter Hill to chair Imagination Technologies
6 Dec 2016 - Broker tips: Imagination Technologies, Babcock, Sainsbury's
29 Sep 2016
Related News
Apple inks licensing deal with Imagination Technologies
(Sharecast News) - Apple has inked a new supply deal with Imagination Technologies for its graphics processing units.
Total renewables unit targets Africa's power-starved mining sector
By Joe Bavier ABIDJAN, March 19 (Reuters) - Total's renewable energy unit said on Monday it had opened the world's largest solar-thermal hybrid plant ...
CANADA STOCKS-Toronto stocks edge up, following global markets higher
March 12 (Reuters) - Canada's main stock index rose modestly on Monday, buoyed by improved risk appetite in global markets but declines in energy shar...
Imagination Technologies Group News
Apple inks licensing deal with Imagination Technologies
(Sharecast News) - Apple has inked a new supply deal with Imagination Technologies for its graphics processing units.
Total renewables unit targets Africa's power-starved mining sector
By Joe Bavier ABIDJAN, March 19 (Reuters) - Total's renewable energy unit said on Monday it had opened the world's largest solar-thermal hybrid plant ...
CANADA STOCKS-Toronto stocks edge up, following global markets higher
March 12 (Reuters) - Canada's main stock index rose modestly on Monday, buoyed by improved risk appetite in global markets but declines in energy shar...
UPDATE 1-CANADA STOCKS-TSX ends higher alongside global stocks, oil, metals
By Nichola Saminather TORONTO, March 9 (Reuters) - Canada's main stock index closed higher on Friday, lifted by strong gains in oil and metals
Imagination Technologies boosted by Numis upgrade
(ShareCast News) - Imagination Technologies Group gained as Numis raised its rating on the stock to 'buy' from 'add' and lifted the target price to 31...
Peter Hill to chair Imagination Technologies
(ShareCast News) - Multimedia, processor and communications technology company Imagination Technologies Group announced on Tuesday it has appointed Pe...
Broker tips: Imagination Technologies, Babcock, Sainsbury's
(ShareCast News) - Imagination Technologies shares fell on Thursday after Numis downgraded the stock to 'add' from 'buy' after the company sold its Pu...
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