LONDON BROKER RATINGS: UBS and Deutsche Bank cut BHP price target
23rd Aug 2023 09:03
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
RHI Magnesita NV - Vienna-based supplier of refractory products - Ignite Luxembourg Holdings Sarl, a company indirectly managed by Rhone Holdings VI LLC, confirms that its offer for RHI Magnesita shares will be reduced by the amount of the interim dividend declared by RHI Magnesita late last month. Rhone had offered GBP28.50 per share, aiming to build a 29.9% stake in RHI Magnesita, though in July its offer closed with acceptances providing a holding of just 19.95%. RHI Magnesita subsequently declared a EUR0.55 per share interim dividend, up 10% from a year before, and Rhone on Friday confirms its previously announced right to reduce its offer price by the sterling equivalent of that dividend, though the exact exchange rate is still to be determined. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - Stocks are called higher in London on Thursday, as investors anticipate the end to the Federal Reserve's monetary tightening cycle. Read More
(Alliance News) - RHI Magnesita NV on Wednesday said first half profit fell despite rising revenue, as various costs increased, while expressing an "uncertain" outlook for the company looking ahead. Read More
RHI Magnesita NV - Vienna-based supplier of refractory products - Ignite Luxembourg Holdings Sarl, a company indirectly managed by Rhone Holdings VI LLC, on Monday says offer for shares in RHI Magnesita closed on Friday with acceptances for 9.4 million shares, a 19.95% stake. Rhone back in May had offered to buy 14.1 million shares at GBP28.5 per share in cash. This would have been a 29.9% stake. Rhone said at the time it wanted a non-controlling minority stake in the FTSE 250 company. Read More
(Alliance News) - Stock prices in London were mixed at midday on Tuesday, while the pound was stronger, lifted by hotter-than-expected UK pay growth. Read More
(Alliance News) - Ignite Luxembourg Holdings Sarl on Tuesday said its offer to acquire 29.9% of RHI Magnesita NV shares has received valid acceptances for around 19.5% of the latter's issued share capital. Read More
(Alliance News) - Ignite Luxembourg Holdings Sarl and Magnesita NV have extended the acceptance period to buy a stake in RHI Magnesita to July 21. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
(Alliance News) - RHI Magnesita NV on Tuesday said it was advised by Barclays Bank PLC and Peel Hunt LLC that the offer from Ignite Luxembourg Holdings Sarl to buy a non-controlling minority stake undervalues the company. Read More
(Alliance News) - RHI Magnesita NV on Monday received a partial cash offer for 30% of its shares from Ignite Luxembourg Holdings Sarl. Read More
(Alliance News) - Stocks in London are called lower on Monday, ahead of more central bank decisions, while a meeting between US Secretary of State Antony Blinken and his Chinese counterpart put relations between the two nations back under the spotlight. Read More
(Alliance News) - RHI Magnesita NV on Thursday reported lower refractory sales volumes in the first five months of 2023 due to weaker demand. Read More
(Alliance News) - The FTSE 100 closed firmly in the red on Tuesday despite investors breathing a sigh of relief that an agreement had been reached between US President Joe Biden and House Speaker Kevin McCarthy to temporarily suspend the US debt ceiling. Read More
(Alliance News) - The FTSE 100 was lower at midday in London on Tuesday, as traders and investors nervously await a vote in Congress on raising the US debt ceiling later this week. Read More
(Alliance News) - Shareholders of RHI Magnesita NV on Tuesday received an offer for a 20% stake in the company that values RHI as a whole at GBP1.38 billion in total. Read More
(Alliance News) - Stock prices in London opened mixed on Tuesday as UK and US markets returned from a three-day weekend facing a delayed deadline for raising the US debt ceiling. Read More
(Alliance News) - Shareholders of RHI Magnesita NV on Tuesday received an offer for a 20% stake in the company that values RHI as a whole at GBP1.38 billion in total. Read More
(Alliance News) - Stock prices in London were expected to open flat on Tuesday, as UK and US markets return from a long bank holiday weekend. Read More