DDT Group Plc, which is now primarily a third party maintenance outfit, has looked a prime candidate for acquisition for a year or so, and the bid is now not likely to be long in coming. The shares are down at around 60 pence from a high of 200 pence last year, and Apricot Computers Plc has revealed that it has paid UKP560,000 for a 13% holding as an investment. That is usually a polite was of saying we haven’t yet finally decided whether or not we want to bid, but if we move, we want to do so from a position of strength – and if we don’t, someone else very likely will, so we should make a good turn on the shares.
Content from our partners
