Takeover fever grips City as three UK firms receive US offers
Alphawave, Oxford Ionics and Spectris targeted as flagging share prices leave British companies vulnerableBusiness live – latest updatesAmerican investors are poised to snap up three companies listed on the London Stock Exchange for a combined value of more than £5bn, as flagging share prices leave British companies vulnerable to takeovers.Alphawave, which is one of the few semiconductor companies listed in the UK, received an offer worth 183p a share from the US rival Qualcomm and on Monday the British company’s board recommended the deal to shareholders after months of talks. Continue reading...
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Alphawave, Oxford Ionics and Spectris targeted as flagging share prices leave British companies vulnerable
American investors are poised to snap up three companies listed on the London Stock Exchange for a combined value of more than £5bn, as flagging share prices leave British companies vulnerable to takeovers.
Alphawave, which is one of the few semiconductor companies listed in the UK, received an offer worth 183p a share from the US rival Qualcomm and on Monday the British company’s board recommended the deal to shareholders after months of talks. Continue reading...
