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Stanley Gibbons bids for Noble Investments – a double win for my readers

By Tom Winnifrith | Monday 16 September 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.


Noble Investments (NBL) has announced that it has received an approach from Stanley Gibbons (SGI) of a possible takeover of 255p per Noble share (circa £42 million) – comprising 192.5p per share in cash and 62.5p in new Stanley Gibbons shares – which, if made, it has indicated it is likely to unanimously recommend to shareholders. Since I have tipped BOTH stocks on my Nifty Fifty website I am celebrating, but what now?



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