Harmony Energy Income Trust Would Recommend $246.8 Mln Foresight Offer if Formal Deal Made

Dow Jones
03-17
 

By Ian Walker

 

Harmony Energy Income Trust said it has agreed to the terms of a 190.8 million pound ($246.8 million) takeover by Foresight Group LLP that it would recommend to shareholders if a formal deal were made.

The London-listed company said that the offer being proposed is 84.0 pence for each share held. The price is a 29% premium to Harmony's closing share price of 65.2 pence on Friday.

The company cautioned that there is no certainty a formal deal would be made. Foresight has until April 14 to either make a formal offer to buy Harmony or walk away under U.K. Takeover Panel rules.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

March 17, 2025 03:43 ET (07:43 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10