Segro bid boosts FTSE 100 as gold and oil sink
According to Yahoo Finance - FTSE 100, segro bid boosts FTSE 100 as gold and oil sink Segro bid boosts FTSE 100 as gold and oil sink · PA falls…
Executive Summary
Real-time Market IntelligenceAccording to Yahoo Finance - FTSE 100, segro bid boosts FTSE 100 as gold and oil sink Segro bid boosts FTSE 100 as gold and oil sink · PA falls a long way short" of its assessment of the company's value and was "opportunistically timed".</p><p>Shore Capital analyst Andrew Saunders called the bid "underwhelming".</p><p>The offer looks "highly inadequate in our view and not surprisingly has been rejected by the Segro board", he added.
According to Yahoo Finance – FTSE 100, segro bid boosts FTSE 100 as gold and oil sink Segro bid boosts FTSE 100 as gold and oil sink · PA falls a long way short" of its assessment of the company's value and was "opportunistically timed".</p><p>Shore Capital analyst Andrew Saunders called the bid "underwhelming".</p><p>The offer looks "highly inadequate in our view and not surprisingly has been rejected by the Segro board", he added. Strategic RationaleKey Strategic DriversMarket positioning and competitive advantagesOperational synergies and integration opportunitiesGeographic expansion and market accessThe offer looks "highly inadequate in our view and not surprisingly has been rejected by the Segro board", he added. Expert CommentaryThe FTSE 100-listing said the offer "falls a long way short" of its assessment of the company's value and was "opportunistically timed". Looking AheadFor complete details on this development, refer to the original report from Yahoo Finance – FTSE 100. Frequently Asked Questions