Betfair has seen its share price shoot up 14% after takeover talks were confirmed by the investment firm behind Formula One.
The price later eased slightly but remained above 12% as the session progressed.
The news comes two days after Sky's City Editor revealed that CVC Capital Partners had mulled a £750m offer for Betfair.
Betfair, which floated on the London market three years ago, has seen its price rise steadily in recent months.
On Friday, its shares closed at 699.5p, roughly 9% above a 52-week low in January.
CVC said it had held preliminary discussions with investors Richard Koch, Antony Ball and other partners about Betfair.
Mr Koch, a co-founder of international strategy consultancy LEK Consulting, holds a 6.5% stake.
Mr Ball is a non-executive director at Luxembourg-listed investment group Brait and is the co-founder of its private equity business.
Betfair, which operates an online exchange that allows gamblers to bet against each other, declined to comment.
Anda sedang membaca artikel tentang
Betfair Shares Jump 14% On Takeover Talks
Dengan url
http://clotehancamar.blogspot.com/2013/04/betfair-shares-jump-14-on-takeover-talks.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Betfair Shares Jump 14% On Takeover Talks
namun jangan lupa untuk meletakkan link
Betfair Shares Jump 14% On Takeover Talks
sebagai sumbernya
0 komentar:
Posting Komentar