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SMS shares surged over 40 per cent to an over two-year high of 969p in early trading. The 955p per share all-cash offer represents a premium of 40.4% to the London-listed stock's Wednesday close.
Smart Metering Systems PLC on Thursday said it has agreed on the terms of an all-cash private equity acquisition that values it at approximately GBP1.4 billion. SMS said each of its shareholders will...
Criticism grows that London Stock Exchange investors are undervaluing companies
London's FTSE 100 made a slow start on Thursday, after equities in Asia struggled following Chinese trade data which failed to soothe growth worries about the world's second-largest economy. Chinese...
Smart Metering Systems said on Thursday that it has agreed to be bought by US private equity firm KKR for about £1.3bn.