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Kentz – further reaction to proposed acquisition

By Steve Moore | Friday 13 December 2013


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.


Shares in specialist engineering services provider Kentz (KENZ) have dropped back somewhat since initially surging at the start of the week on news of a proposed $435 million (£266.5 million) acquisition of the field solutions business of Valerus. The following updates on further reaction to the prospective deal.



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