View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 7, 1993

FERRANTI AGREE SHARE OFFER WITH GEC

By CBR Staff Writer

Ferranti International Plc on Friday agreed the terms of the offer for its preference shares from GEC Plc: the offer is 69 pence cash for each 5.6% first cumulative preference share, and 47p cash for each 3.5% second redeemable cumulative preference shares and each 3.85% third cumulative preference share; the offer values all the preference shares at UKP1.29m; the offer for the ordinary shares is worth UKP10.1m.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU