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Nov 28 (Reuters) - Loxam SAS, a European industrial equipment rental firm, has made a preliminary cash approach to buy Lavendon Group Plc, a British aerial work platform rental firm, it said on Monday. The move lays the grounds for a takeover battle with Belgian equipment supplier TVH Grou
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(ShareCast News) - France's Loxam has made a preliminary approach to Lavendon Group about a possible cash offer for the equipment rental company. Last week, Lavendon rejected an offer of 205p per share from Belgian industrial equipment supplier TVH Group, saying support among its shareholders was "n
Read more(ShareCast News) - Shares in Lavendon Group soared nearly 40% on Tuesday as the AIM-listed rental company rejected a £348m offer from Belgian industrial equipment supplier TVH Group. The company said that the level of support amongst its shareholders for the take-over was "not forthcoming" and it wa
Read more(ShareCast News) - Powered access equipment rental company Lavendon Group issued a trading update for the nine months to 30 September on Tuesday, with the board saying it remained confident of delivering results for the full year marginally ahead of its original expectations. The company said group
Read more(ShareCast News) - Virgin Money: Berenberg reiterates hold with a target price of 300p. Alumasc Group: Peel Hunt maintains buy with a 210p target. Morrisons: Goldman Sachs downgrades to sell with a 175p target. Diageo: HSBC reiterates hold with a 2350p target. Lavendon: Berenberg keeps at buy wit
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