Another day, another deal that involves Peel Hunt, the City of London stockbroker and advisory firm.
This morning it emerged Peel Hunt advised London-listed Fulham Shore, the operator Franco Manca and The Real Greek, on its £93.4 - or 14.15p a share - sale Japanese outfit Toridoll. Below is a link to the announcement:..
I see some of London's top stockbrokers have been whining about the lack of dealmaking.
Indeed, yesterday Peel Hunt warned it would be marginally loss-making in the twelve months to the end of March because it hasn't worked on enough floatations and takeovers.
But this morning FTSE 250-listed Rathbones announced a deal to buy Investec's wealth management company for £839 million. Below is a link to the announcement:..
Scribblers at Peel Hunt said it is "no surprise" that GB Group is being looked at as a potential takeover by American private firm GTCR.
Well, if it wasn't such a surprise why didn't the broker point that GB Group, the London-listed identity verification company, could be a bid target before little old Betaville broke the news?..
There is an M&A frenzy taking place in the London market unseen since 2007, which means analysts are prepared to wildly speculate about, er, anything.
So, the chaps at Peel Hunt have just released a note suggesting a trade buyer might pay 300p a share for aerospace and defence firm Senior.
Readers might recall that earlier this year Senior received multiple indicative takeover approaches from Lone Star, the US private equity firm...
Perhaps I was being a bit of tease by asking readers to get in touch with Peel Hunt about their UK mid-cap takeover tips note.
So, I have listed below the companies Peel Hunt reckons could become bid targets over the coming weeks and months...
Ping! Another email arrives from the well spoken chaps at London-based stockbroker Peel Hunt.
And the firm is very bullish about the prospect of more takeover deals, especially for UK-listed mid cap stocks.
Charles Hall, Peel Hunt's excellent head of research, writes:..
Well that didn't take long: just a few days after last week's "Cash calls - who is next - Part 17" the well spoken chaps at Peel Hunt aired almost identical comments about the likelyhood of another wave of cash calls in 2021, possibly by some of the companies that have already tapped the market for funds this summer.
Below is a link to a piece in The Times quoting Charles Hall, Peel Hunt's excellent head of research...
Shares of Lloyd's of London insurer Hiscox were down almost over 40pc in the last 48 hours amid concerns for the future of the company.
Now, there are several good reasons why the stock is so out of fashion. I will list them below:..
Remember Circassia Pharmaceuticals? It was the Woodford-backed Aim darling that hit the headlines with its potential a treatment for people with cat allergies.
But that plan, along with Woodford's investment, went down the drain when the company discovered "its investigational house dust mite allergy immunotherapy failed to show a significant effect compared with placebo"...
David Wighton, City Editor at Financial News, landed a great scoop on Monday about Macquarie trying to buy Liberum, one of the City of London's mid tier stockbrokers. Below is a the link:
https://www.fnlondon.com/articles/macquarie-in-talks-to-buy-liberum-20181126..