UK: ALLEN TO TAKE OVER BRANDON HIRE?

Article Abstract:

On 07 July 2000 Brandon Hire revealed it was having talks with an unnamed firm with regard to a possible takeover. The company is thought to be construction and tool hire company Allen which may make a GB[pound] 22mn bid for Brandon, offering 80 pence a share. Rivals have been fighting for business in the equipment rental sector but a merger of the two companies could help them compete better.

Power Driven Hand Tools, Power-Driven Handtool Manufacturing, Power-driven handtools, Tool industry, Hand tools, Power tools, Allen PLC, Brandon Hire PLC

---

UK: KEWILL SHARES GO UP AFTER SWISSLOG NEWS

Article Abstract:

UK software for e-commerce group, Kewill Systems, has reported an increase in share price of 17% after news that the Swiss logistics software company, Swisslog, announced that it would acquire Kewill's logistics arm for GB[pound] 16.6mn in cash. Swisslog will act as a reseller for Kewill on the e-commerce side of things.

Prepackaged software, Computer software industry, Software industry, Internet software, Kewill Systems PLC

---

UK: METNOR TO JOIN ASH & LACY BID BATTLE

Article Abstract:

It has been suggested that UK-based engineering group, Metnor, is considering making an offer in the region of GB[pound] 80mn for Ash & Lacy, the UK-based metals engineering firm currently being eyed by its rival Hill & Smith. However, a Metnor spokesman stated that it was hoping to avoid a hostile offer for the company.

Iron and Steel Mills, Blast furnaces and steel mills, Galvanized Steel Products, Steel industry, Galvanized steel, Ash and Lacy PLC

Similar abstracts:

• Abstracts: UK: PLANS TO CHANGE IMMIGRATION POLICY. UK: INVESTIGATION INTO SCOOT SHARE DEALINGS
• Abstracts: City jobs gloom as Merrill cuts costs by GB150mn UK: GB[pound] 1BN LOAN FOR CANARY WHARF

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.