UK: MEYER RECEIVES BID APPROACH

Article Abstract:

Meyer International revealed on 31 January 2000 that a bid approach had been made which may lead to the submission of an offer for the UK-based building materials business, which is currently valued at GB[pound] 858mn.

Meyer International PLC

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UK: JELLYWORKS BUYS STAKE IN HI-REVOLUTION

Article Abstract:

Internet investment company, JellyWorks, has bought a GB[pound] 2mn stake in hi-revolution.com, an Internet company which finds building contractors for those wishing to make home improvements. The size of the stake was undisclosed.

Strategy & planning, On-Line Information Services, Videotex & Teletext, Unit Trusts (Oil, etc), Debt & Equity Securities, Other Financial Vehicles, Hardware Stores, Online services, Internet services, Investment companies, Unit investment trusts, JellyWorks PLC, Hi Revolution

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UK: WICKES NEARER TO STAVING OFF BID

Article Abstract:

Wickes revealed that around 46.5% of shareholders are behind its efforts to stave of the bid from fellow UK-based home improvement retail business, Focus Do It All. The GB[pound] 327mn hostile bid fight is scheduled to end on 2 June 2000.

Acquisitions & mergers, Retail Trade, Do-It-Yourself Building Materials (Ret, Home Centers, Lumber and other building materials, Home center stores, Do-it-yourself products industry, Focus Do It All, Wickes PLC

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