LONDON (Alliance News) - Tex Holdings PLC Thursday said it is recommending a takeover offer from Le Bas Investment Trust Ltd that values the company at GBP6.3 million. In a joint statement, the companies said that Tex shareholders will receive 100 pence in cash for each share they own. Tex'
LONDON (Alliance News) - Tex Holdings PLC Wednesday said it was cautiously optimistic for the rest of 2014 after trading in the first quarter improved on the year-earlier period thanks to the winding down of a problematic contract in its air traffic control room unit. It said its order book
LONDON (Alliance News) - Tex Holdings PLC Wednesday reduced its final dividend after reporting a fall in profit and revenue for the full year, following the absence of new projects in its contracting businesses. Tex Holdings and its subsidiaries work in the manufacturing and supply of engin
Glencore's chief executive Ivan Glasenberg has opened his wallet, splashing out nearly £10m on shares in the commodity trading house.
He took 2.25m shares at an average price of 435p a share and has already made a handsome profit of about £100,000.
The company added that Glasenberg plans to buy m
Standard Chartered's finance boss Richard Meddings has pocketed more than £170,000 from the sale of shares in the Asia-focused bank.
He disposed of 10,159 shares at 1,691p a time, reducing his stake to 120,000 shares.
The sale comes soon after chief executive Peter Sands offloaded 13,391 shares a
LONDON (Dow Jones)--Tex Holdings PLC (TXH.LN) said Monday that in the continued difficult economic conditions and turmoil, trading has been difficult but in the circumstances satisfactory.
MAIN FACTS:
-The Group has had to make further difficult decisions and cost cuts to allow the Group to