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Invensys tumbles as takeover talks end
Shares in Invensys tumbled more than 15 per cent in early London trading after the UK-based engineering group admitted that it had received a �highly preliminary� approach from Emerson Electric of the US but stressed that talks were now over.
Invensys says Emerson talks failed
Invensys Breakup Seen Boosting Value 32% With Siemens-GE  Bloomberg
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Invensys stays silent as shares soar amid bid rumours
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Invensys jumps 27pc on talk of Emerson bid
Invensys says talks over bid from Emerson failed  Reuters UK
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Invesys to settle with former cheif Hendriksson
The report also said Invensys would accelerate the vesting of 124,491 shares awarded to Mr Henriksson, that it would pay him �50,000 in relocation costs if he got a job in the US before August 31 this year, and would pay some �30,000 in legal fees that ...
European Stocks Decline; Invensys Shares Drop
BHP Billiton Ltd. (BHP) and Anglo American Plc (AAL) retreated as commodity prices decreased. Invensys Plc (ISYS) plunged 14 percent, its largest retreat in five months, after saying it's no longer in talks with third parties.
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FTSE CLOSE: Negative US economic data hits London market confidence
Outside the top flight, engineering group Invensys was 14% lower after it said it was no longer in takeover discussions with US-based controls firm Emerson Electric.
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Melrose may go into FTSE 100 after deal
Mr Wynne-James, though, is bullish about most London-listed engineering companies despite Invensys dropping 37 - 14pc - to 220p on confirmation it is not in talks about a takeover by Emerson Electric or any other business.
City Spy: Airline's boob: A ban on cleavage
Fresh from flogging one client, serial underperformer Cable & Wireless Worldwide, now another unloved firm, dull industrial controls company Invensys, is under the takeover microscope. No comment last night from the FTI boys, despite Invensys' share ...
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Water stocks buoyed by deal as banks sink
Invensys jumps 27pc on talk of Emerson bid. 20 Jun 2012. FTSE 100 surges 1.7pc on stimulus hopes. 19 Jun 2012 .... Promotions · Subscriber · Syndication.
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Market report: Aquarius sinking as 'cheap' platinum forces mine closure
The latest in the Invensys saga was the cause of a great deal of complaint among traders. Shares in the engineer leapt more than 25% after talk late yesterday that Emerson had expressed an interest in making a move.
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Ultra Electronics to acquire US electronic component business
By Natasha Barr June 07 2012, 10:21am Ultra Electronics specilises in the design and manufacture of aircraft and vehicle systems as well as sonar, which are then used in defence, security, transport and energy sectors.
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