POWR.L Share News (POWR)

UK Shareholder Meetings Calendar - Next 7 Days

Powerflute Oyj takeover goes unconditional

(ShareCast News) - Nordic Packaging and Container Finland Holdings declared its recommended cash offer for Powerflute Oyj wholly unconditional on Monday, having received acceptances to the offer representing more than 90% of the issued and to be issued shares in Powerflute. As a result, Powerflute a

Powerflute agrees 90p a share takeover offer

(ShareCast News) - Powerflute has received a £268m offer from an affiliate of US private equity firm Madison Dearbon Partners. The offer from Nordic Packaging and Container Holdings (Bidco) is for 90p in cash per share, which is a premium of around 22% to the closing price of 73.75p on Wednesday. B

Paperboard firm Powerflute says to be bought for $354 mln

HELSINKI, Sept 15 (Reuters) - Finnish paperboard company Powerflute Oyj recommended cash offer from private equity firm Madison Dearborn Partners LLC for 268 million pounds ($354 million), it said on Thursday. Powerflute, founded by Dermot Smurfit from the family behind Ireland's packaging

Revenue down and earnings stable at Powerflute Oyj

(ShareCast News) - Powerflute Oyj announces its unaudited interim results for the six-month period to 30 June on Tuesday, with revenues excluding non-recurring items decreasing to €176.1m from €179.7m a year ago. The AIM-traded firm said EBITDA from operating activities was €26.5m on the same basis,

UPDATE 1-John Menzies bows to investor demands for new chairman

(Adds comments by John Menzies, investor) LONDON, July 19 (Reuters) - UK airport services and logistics group John Menzies has appointed Irish paper and packaging industry tycoon Dermot Smurfit as its new chairman, answering a key demand from new activist investor Shareholder Value Manageme

John Menzies bows to investor demands by appointing new chairman

LONDON, July 19 (Reuters) - Britain's John Menzies said on Tuesday it had appointed paper industry executive Dermot F Smurfit as independent chairman, answering a key demand from new activist investor Shareholder Value Management (SVM). SVM, which holds more than 7 percent of the distribut

John Menzies Appoints Dermot Smurfit As New Independent Chairman

UK Dividends Calendar - Next 7 Days

Powerflute sees more challenging trading in H2

(ShareCast News) - Powerflute OYJ continues to perform well in the first four months of 2016, with trading results broadly in line on the year, but expects the second half to be more challenging. Shares in the paper and packaging group were down a little more than 12% this afternoon. "In Coreboard

WINNERS & LOSERS SUMMARY: Insurers Down As FCA Caps Pension Exit Fees

Powerflute Says Trading Solid But Second Half Will Be More Difficult

Powerflute Alters Capital Return Plans Ahead Of Meeting

Powerflute Says Bacchantes Has Sold 25 Million Shares (ALLISS)

Powerflute Oyj reports on stellar year

(ShareCast News) - Powerflute Oyj reported a stellar 2015 on Tuesday, with revenue and earnings growing significantly during the calendar year. The AIM-traded company saw group revenues rise 137.9% in its preliminary results, to €357.2m (£278m) from €150.1m. EBITDA, excluding non-recurring items was