SHARES FOR THE VIEW: takeover talks could boost shares of Rolls-Royce troubled aircraft maker when markets reopen
Investors may choose to board the Rolls-Royce when the markets reopen tomorrow.
Shares of restless aircraft engine manufacturers have risen since the pandemic stopped travel.
But shares have just gained unexpected growth after a blog post from financial site Betaville said Rawls was going to be involved in a “significant corporate transaction” with an unidentified suitor.
Hard work: the last time Rolls was involved in takeover speculation, after his cash call in 2020
The last time Rolls was linked to speculation about the takeover was after his cash call in 2020, and before that in 2015 after a series of earnings warnings.
The shares of Rolls’ competitors in the defense industry have increased since the start of the war in Ukraine, which has potentially strengthened their position to capture competing competitors.
However, the Jefferies broker is acting cautiously. It says the UK government’s golden share is holding back most bidders.
Competition BAE Systems could be a contender, but a raid by Rolls would be a huge change in strategy, it added.
To complicate matters, new chairman Anita Fry is looking to replace long-suffering boss Warren East, who is leaving at the end of the year.
Can it be dragged into the dramatic last chapter?
A raise for Ted Baker
Ted Baker’s stock price recently resembled a moth-eaten suit.
But the emergence this month of a potential offer from U.S. private equity firm Sycamore Partners led to a 43 percent rise in shares.
This is bad news for the computer hedge fund Voleon Capital.
He closed his short position after the offer came up.
Here’s a long-term bet to watch out for – digital marketing agency SocialAmp.
The firm was founded by four young British entrepreneurs, and among its clients – MTV, Nickelodeon and Boohoo.
They even persuaded billionaire Boohoo, co-founder Mahmoud Kamani, to invest.
The company expects a profit of £ 5 million next fiscal year, and a placement may take place within three years. Promising.
The new head of IQE
This week, the new head of IQE America Lemas will appear for the first time.
He joins a semiconductor manufacturer in the UK from New York-based competitor Global-Foundries at a crucial moment as supply chain problems continue to cause headaches.
Analysts at stockbroker Peel Hunt expect limited growth this year, but hope that Lemos will be able to switch the manufacturer from “customer” to “hunter for orders.”
SHARES TO WATCH: Acquisition Talks May Boost Rolls-Royce Shares
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