| Home | Log In | Register | Our Services | My Account | Contact | Help |
You are NOT currently logged in
Traders Thread - Wednesday 12th June (TRAD)
Greystone
- 11 Jun 2013 17:06
skinny
- 12 Jun 2013 14:37
- 13 of 16
Severn Trent deal blow hits "merger arb" funds
LONDON | Wed Jun 12, 2013 2:30pm BST
(Reuters) - Hedge funds that bet Severn Trent would agree to a Canadian-led takeover are reeling from losses after the water company refused to talk, casting further doubt on their money-making abilities in an anaemic M&A environment.
The LongRiver consortium walked away after the British utility let the bid deadline expire on Tuesday, ignoring an effective invitation to negotiate on price.
LONDON | Wed Jun 12, 2013 2:30pm BST
(Reuters) - Hedge funds that bet Severn Trent would agree to a Canadian-led takeover are reeling from losses after the water company refused to talk, casting further doubt on their money-making abilities in an anaemic M&A environment.
The LongRiver consortium walked away after the British utility let the bid deadline expire on Tuesday, ignoring an effective invitation to negotiate on price.
skinny
- 12 Jun 2013 16:03
- 14 of 16
Boing! said Zebedee.
Stan
- 12 Jun 2013 16:13
- 15 of 16
Oh good -):
Greystone
- 12 Jun 2013 17:06
- 16 of 16
- Page:
- 1
| About MoneyAM | Ts and Cs | Privacy Policy | Investment Warning | Content Standards | Corporate Solutions | Advertise With Us | Site Map | © 2025 MoneyAM |
Register now for FREE
Share Prices,
Stock Quotes,
Charts, Bulletin Boards, Indices, Watchlists, Portfolio, Market News, Research
or see our Premium Services including Level 2, Terminal and much more.
Follow us on Twitter