The delay to (or cancellation of) the Olympics in Tokyo didn't help -
(although Wiki says it used to be a Dutch company ??)


(Sharecast News) - Aggreko shares surged on Friday after the temporary
power provider said it was in talks with TDR Capital and I Squared
Capital about a possible cash offer at 880p a share.
In a brief statement in response to recent press speculation, the
company said that buyout firm TDR Capital and infrastructure investment
manager I Squared had made a series of proposals to the group which have
culminated in them entering into discussions.

Based on Aggreko's closing share price on Thursday, the proposal would
represent a 39% premium.

"Discussions between Aggreko and the consortium are ongoing," it said,
adding that there can be no certainty an offer will be made, nor as to
the terms of any potential offer.

"A further announcement will be made if and when appropriate," Aggreko said.

At 1455 GMT, the shares were up 33% at 845.50p.

On 07/02/2021 12:53, Andrew wrote:
The delay to (or cancellation of) the Olympics in Tokyo didn't help -
(although Wiki says it used to be a Dutch company ??)


(Sharecast News) - Aggreko shares surged on Friday after the temporary
power provider said it was in talks with TDR Capital and I Squared
Capital about a possible cash offer at 880p a share.
In a brief statement in response to recent press speculation, the
company said that buyout firm TDR Capital and infrastructure investment
manager I Squared had made a series of proposals to the group which have
culminated in them entering into discussions.

Based on Aggreko's closing share price on Thursday, the proposal would
represent a 39% premium.

"Discussions between Aggreko and the consortium are ongoing," it said,
adding that there can be no certainty an offer will be made, nor as to
the terms of any potential offer.

"A further announcement will be made if and when appropriate," Aggreko
said.

At 1455 GMT, the shares were up 33% at 845.50p.

well no bugger needs temporary power these days and the wee bint is not
interested in industry anyway .....

So now everyone sells and it plummets?
Brian

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"Andrew" wrote in message
...
The delay to (or cancellation of) the Olympics in Tokyo didn't help -
(although Wiki says it used to be a Dutch company ??)


(Sharecast News) - Aggreko shares surged on Friday after the temporary
power provider said it was in talks with TDR Capital and I Squared Capital
about a possible cash offer at 880p a share.
In a brief statement in response to recent press speculation, the company
said that buyout firm TDR Capital and infrastructure investment manager I
Squared had made a series of proposals to the group which have culminated
in them entering into discussions.

Based on Aggreko's closing share price on Thursday, the proposal would
represent a 39% premium.

"Discussions between Aggreko and the consortium are ongoing," it said,
adding that there can be no certainty an offer will be made, nor as to the
terms of any potential offer.

"A further announcement will be made if and when appropriate," Aggreko
said.

At 1455 GMT, the shares were up 33% at 845.50p.

'They' did that after Aggreko lost a big power contract
in ?Bangladesh when the Bangladesh governmet decided to build
a nice new coal-fired powerstation.

Andrew

On 08/02/2021 06:53, Brian Gaff (Sofa) wrote:
So now everyone sells and it plummets?
Brian