Amec: UBS cuts target price from 1185p to 1150p, while its buy recommendation remains unchanged. Afren: Liberum Capital cuts target price from 121p to 95p and stays with its hold recommendation. Antofagasta: Canaccord cuts target price from 790p to 760p and reiterates a hold recommendation. Associ
Read more(Adds details, background, share movement) Nov 4 (Reuters) - Brewer and pub owner Greene King Plc said it had reached an agreement on a recommended offer for Britain's Spirit Pub Company Plc, valuing Spirit Pub at about 773.6 million pounds ($1.24 billion). The offer values each Spir
Read moreNov 4 (Reuters) - Brewer and pub owner Greene King Plc said it had reached an agreement on a recommended offer for Britain's Spirit Pub Company Plc, valuing Spirit Pub at about 773.6 million pounds ($1.24 billion). The deadline for the takeover offer was extended last week to hold further
Read moreProspects for Punch Taverns are looking up after the pub company completed its debt overhaul, according to Numis Securities. The broker upgraded Punch to 'buy' from 'hold' with a target price of 10p. It said it preferred Punch to rival Enterprise Inns as Punch, which this week completed a restructu
Read moreAfrican Barrick Gold: Numis reduces target price from 330p to 270p keeping its hold recommendation. Antofagasta: Numis upgrades to hold with a target price of 700p. Aureus Mining: Numis lowers target price from 45p to 40p staying with its buy recommendation. Boohoo: Barclays initiates with a targe
Read more** British pub company Punch Taverns falls 7.3 pct to lows not seen since January 2013 after news of an equity dilution. ** Received approval on Tuesday from Royal Bank of Scotland to restructure its 2.3 billion pound debt. ** Under the restructuring plan released in June, Punch's net
Read moreOct 7 (Reuters) - Punch Taverns Plc said it had received approval from Royal Bank of Scotland Plc for its plan to restructure its 2.3 billion pound ($3.70 billion) debt, allowing the restructuring to proceed. The pub operator said in August that owners of 65 percent of its notes supported t
Read more