Employees at Dewe Rogerson await windfall after takeover

Article Abstract:

London, UK-based Dewe Rogerson employees are awaiting windfall after Incepta Group PLC's takeover for 24.4 million pounds sterling in cash and shares. Incepta is the parent of Dewe Rogerson's rival, Citigate Communications Group. Around 750 pounds sterling will be given to all full-time Dewe Rogerson workers, while shares of more senior staff will range from below 50,000 pounds sterling to an upper limit of around 300,000 pounds sterling. Incepta will integrate Dewe Rogerson with Citigate to form the dominant player in the public-relations, advertising and publishing industries.

Comment:

Dewe Rogerson employees are awaiting windfall after the company's takeover for 24.4 mil pounds sterling in cash and shares

Personnel administration, Public Relations Agencies, Public Relations, Public relations firms, Dewe Rogerson Group Ltd., Incepta Group PLC

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Selfridges soars on more talk of takeover

Article Abstract:

Selfridges PLC's stock sale to British Land Co. prompted an 8.3% increase in its share prices. Selfridges declared in a statement to the London Stock Exchange that British Land owns a total of 4.80 million shares in the firm, which represents 3.1% of the share capital. After being asked whether his company plans to purchase more Selfridges shares, British Land Chairman Mr. Ritblat, who called the stake a trade investment, stated that it would depend on the price. Industry analysts believe that it is improbable that British Land will launch a full bid.

Comment:

Selfridges PLC's stock sale to this firm prompts an 8.3% increase in Selfridges' share prices

Land Subdivision and Land Development, Retail Trade, Subdividers & Developers, Securities issued, listed, British Land Company PLC, Selfridges PLC

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Meyer will pay 404.6 million euros for rival Graham

Article Abstract:

Meyer International PLC has reached an agreement to acquire Graham Group PLC for 269 million pound sterling (404.6 million euros). The deal represents the ongoing consolidation taking place within the timber and building supplies marketplace. The transaction is a cash-and-shares agreement. Graham will be valued at 192.4 pence per share in the deal.

Lumber & Bldg Materials, Whsle, Lumber and Other Construction Materials Wholesalers, Mergers, acquisitions and divestments, Building materials industry, Wholesale industry, Wholesale trade, Abstract, Meyer International PLC, Building materials wholesalers, Graham Group PLC

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