Buy-back mandate to be used as takeover defence WEEKEND SHARE WATCH: LONDON 1ST EDITION
Buy-back mandate to be used as takeover defence WEEKEND SHARE WATCH: LONDON 1ST EDITION
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London (UK): The Financial Times Limited
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English
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London (UK): The Financial Times Limited
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Slimma shares have slipped of late and closed flat at 57p yesterday despite the women's wear manufacturer winning approval at an extraordinary meeting to buy back 10 per cent of the stock. Stephen Thwaite, chief executive, argues that the mandate can help defend the company against stakebuilding by "hostile" investors.
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Buy-back mandate to be used as takeover defence WEEKEND SHARE WATCH: LONDON 1ST EDITION
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TN_cdi_proquest_newspapers_249948407
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_newspapers_249948407
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ISSN
0307-1766
