Bid speculation boosts Ibstock
Wednesday 21 October 1998
The Austrian group said it would pay Brierley Investments Limited, the troubled New Zealand investment group, pounds 91.5m for the shares, a 50 per cent premium to yesterday's closing price.
Wienerberger said that the purchase would boost its market presence in Britain and the United States and added that it would like to work together with Ibstock's management "in the future". Ibstock shares ended the day up 16p at 60p.
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The West has it totally wrong on Lee Kuan Yew
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
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