That Lone Star bid for Senior...
Thursday, 24 June 2021, 8:40 pm
There is something curious going on in the London market with this recent string of private equity bids for London-listed companies.
Betaville noticed that Senior's shares are still hovering around the 150p level despite the collapse of talks with American private equity suitor Lone Star.
Prior to Lone Star's approach becoming public Senior's shares were trading around 100p. The stock got up to around 165p as Lone Star improved its indicative offer to 200p...