Edition:
India

IMI PLC (IMI.L)

IMI.L on London Stock Exchange

1,241.00GBp
23 Feb 2018
Change (% chg)

-19.00 (-1.51%)
Prev Close
1,260.00
Open
1,260.00
Day's High
1,263.00
Day's Low
1,239.00
Volume
1,086,918
Avg. Vol
679,817
52-wk High
1,453.00
52-wk Low
1,110.74

Latest Key Developments (Source: Significant Developments)

IMI To Acquire Bimba Manufacturing Company For $198 Million​
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Imi Plc ::‍AGREES TO ACQUIRE BIMBA MANUFACTURING COMPANY FOR US$198 MILLION​.DEAL WILL BE EARNINGS ENHANCING IN FIRST FULL YEAR OF OWNERSHIP WITH RETURN ON CAPITAL EXCEEDING IMI'S COST OF CAPITAL WITHIN FIRST 3 YEARS​.‍CONSIDERATION FOR TRANSACTION WILL BE US$198 MILLION (£148 MILLION 1 ) PAYABLE IN CASH ON COMPLETION FROM EXISTING BANK FACILITIES​.  Full Article

IMI sees modest Brexit impact, sees FY results in line
Friday, 29 Jul 2016 

IMI Plc : H1 revenue 759m stg versus 765m stg . H1 profit before tax 86m stg versus 107m stg . Transactional impact of brexit is expected to be modest . Interim dividend up 1 percent to 14 pence per share .Expect full year 2016 results will be in line with current market expectations.  Full Article

BRIEF-India's Bharti Airtel Gets Notice From Supreme Court On CCI's Challenge

* CLARIFIES ON NEWS ITEM REGARDING SUPREME COURT'S NOTICE TO CO ON CCI'S CHALLENGE