From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Prezzo plc - possible offer, but how attractive is it?

By Steve Moore | Friday 3 October 2014


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 branded restaurant operator in the UK, Prezzo plc (PRZ) closed the week at 130.25p after the company confirmed “that it has received preliminary proposals from Advent International plc and TPG Capital LLP in relation to a possible offer” but that “indications are that any offer is unlikely to be at a premium to the share price at the close of business on 1 October 2014 of 135p”. The following reviews the attractiveness of the indicated possible takeover offer from the private equity firms.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

CTAI

Catenai – monster dilution

Time left: 05:51:29