Rank moves up as it confirms takeover talks with Stride

0 mins. to read
Rank moves up as it confirms takeover talks with Stride
Master Investor Magazine

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

Shares in FTSE 250 gambling operator Rank Group (LON:RNK) climbed by 3.40% to 150.75p (as of 13:40 BST) after it confirmed that it was in advanced talks relating to a takeover of Stride. The company said that it was possible that a cash offer of 151p a share would be made, but that there were no guarantees at this time that an offer would be made or the terms of any possible offer.

The market will be updated when more information is available.


Take part in our poll

Of the stocks covered by Master Investor in the weekly Small Cap Round Up, which ones do you hold?

The Master Investor Show 2020 tickets are now available. Join us at the Business Design Centre on Saturday 28 March 2020.

Book your FREE tickets today using code: MIBLOG

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *


Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.