Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Back in March I commented on FTSE-250 provider of industrial software, systems and control equipment, Invensys plc (ISYS), concluding, with the shares at 366p, that “though there is macroeconomic risk, Invensys looks a solid large-cap investment proposition at current levels, with potential future takeover upside” – see HERE. The company has today announced that it has received an indicative offer from Schneider Electric SA equating to 505p per share...
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