It's been a while since we had a thread that invited schoolboy puns and sniggers, so I give you SSL - Manufacturers of Dr Scholes and of Durex.




RSI just popped up over 30, after a hammer bottom with volume.

Comments invited

A lorryload of viagara was stolen yesterday.
The driver was found in a ditch gagged and bound.
Police are looking for 3 hard men.

Incredilble chart & with new markets & new products I can't see this slowing down any time soon.
Panmure Gordon target 885p (01.04.10)

Uck me Gausie got one right , lol

:-)

885p broker target reached.

Summary of the Offer

The boards of Reckitt Benckiser Group plc ("Reckitt Benckiser") and SSL International plc ("SSL") are pleased to announce that they have reached agreement on the terms of a recommended cash offer to be made by Reckitt Benckiser plc, a wholly-owned subsidiary of Reckitt Benckiser, to acquire the entire issued and to be issued share capital of SSL.

SSL is a focused consumer products company with leading global brands such as Durex and Scholl, as well as a portfolio of local brands.

Reckitt Benckiser is a world leader in household and health & personal care. The acquisition of SSL provides Reckitt Benckiser with an attractive opportunity to increase its presence in the health & personal care sector.

Under the terms of the Offer, SSL Shareholders will be entitled to receive 1163 pence in cash per SSL Share (the "Offer Price") and will also remain entitled to receive the proposed final dividend of 8 pence per share in respect of the year ended 31 March 2010 (the "SSL Dividend"), representing, in aggregate, 1171 pence per SSL Share.

The Offer Price plus the SSL Dividend values SSL's fully diluted share capital at approximately 2,540 million.

The Offer provides SSL Shareholders with a compelling opportunity to realise full value up front for their investment in SSL in cash."