RS said to be facing takeover bid


RS may be about to get a £15 per share takeover bid, reports the Times. The identity of the supposed bidder is not disclosed. The bid would value RS at over £7 billion. At Friday’s close, the share price stood at £10.88 giving RS a market cap of £5.1 billion. The shares have risen 34% …

The post RS said to be facing takeover bid appeared first on Electronics Weekly.



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