Ransomes shares surge on bid approach
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Ransomes shares surge on bid approach
Ransomes, the lawn mowers and industrial vehicles maker, has received a bid approach which could lead to an offer being made at "a significant premium to the current ordinary share price". Ransomes shares surged 22p to 51p on the news, valuing the group at pounds 70.5m. The group, which in March stunned investors with a profits warning, revealed news of the approach after a steep recent increase in its share price. Talks are at an early stage.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments