Lonrho PLC (LONR.L)
20 May 2013
|Market Cap (Mil.):||£162.12|
|Shares Outstanding (Mil.):||1,653.42|
- British conglomerate Lonrho Plc , whose roots go back more than a 100 years to colonial Africa, received a buyout offer valuing the company about 175 million pounds ($266 million), double its market value at the close on Tuesday.
LONDON, May 15 - Lonrho PLC : * Shares open up 87.5 percent after co gets buyout offer
May 15 - British industrial group Lonrho Plc said it received a 174.5 million pound ($266.23 million) buyout offer from FS Africa.
LONDON, April 5 - Lonrho PLC : * Placing for £ 2,499,286
LONDON, March 28 - Lonrho PLC : * Strong revenue growth for 2012 and 32% growth in revenues for final quarter. * Net operating loss3 for the year from core operating divisions was £3.4M * Outlook for 2013 remains in line with the board's expectations
LONDON, March 20 - Lonrho PLC : * And easygroup to open first 'easyhotel by lonrho' in Africa
Feb 4 - British industrial group Lonrho Plc said it would post a net operating loss for 2012 as there were delays in the delivery of certain contracts and implementation of some projects in its core agribusiness.
LONDON, Feb 4 - Lonrho PLC : * Progress in certain areas has been slower than expected in the final quarter * Expects to report a net operating loss of between (£3M) and (£5M) for the
Dec 5 - Fastjet Plc, which was spun-off from industrial group Lonrho Plc that has interests in Africa, confirmed it was in potential partnership talks with Emirates Airline.