News: Vesuvius PLC (CKSNF.PK)

CKSNF.PK on OTC Markets Group - US Other OTC and Grey Market

7.10USD
11 Mar 2015
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Mon, Dec 1 2014

BUZZ-Morgan Advanced: Spurns Vesuvius's takeover proposal

** Morgan Advanced Materials Plc's shares rise as much as 5.5 pct, after the firm rejects an all-share takeover proposal from sector peer Vesuvius Plc.

Morgan Advanced rejects takeover approach from Vesuvius

- Morgan Advanced Materials Plc rejected an all-share takeover proposal from Vesuvius Plc that it said would have exposed its shareholders to lower margin businesses in the iron and steel sector.

UPDATE 1-Morgan Advanced rejects takeover approach from Vesuvius

* Morgan Advanced says nil-premium proposal undervalues co

Vesuvius gives up Morgan Advanced pursuit after being rejected

Dec 1 - Vesuvius Plc said it had decided not to make an offer for Morgan Advanced Materials Plc after the latter's board rejected an initial proposal by Vesuvius without any discussions.

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