View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
January 1, 1987


By CBR Staff Writer

STC Plc is to acquire electrical parts and components distributor Whitworth Plc for shares worth UKP5m – and has irrevocable acceptances for 51.9% of the equity. Terms are three STC shares for every four Whitworth, valuing the firm at 130.5 pence against a price in the market before the bid of 92 pence. There is a cash alternative of 127.5 pence a share. In the year to March, Whitworth made a pre-tax loss of UKP423,000. Assets per share are 107.6 pence.

Websites in our network
Select and enter your corporate email address 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.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.