Do More With Reuters

Detica says has received takeover approach

Fri Jul 18, 2008 9:43pm IST
 
Email | Print | | Single Page
[-] Text [+]

LONDON, July 18 (Reuters) - British security technology company Detica Group Plc (DCA.L: Quote, Profile, Research) said on Friday it had received a preliminary approach which may lead to an offer being made for the company.

Shares in the company had earlier closed up 7.8 percent at 303 pence, valuing Detica at around 348 million pounds ($693.2 million). (Reporting by Mike Elliott; Editing by David Cowell)

Photo

Catch the latest news, pictures, stats and live race commentary on our special Formula 1 page.  Full Coverage 

Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 77.85 -7.85% 10/11 03:04 IST
Gold 856.6 -3.49% 10/10 05:30 IST