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Share Name | Share Symbol | Market | Stock Type |
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Umbro | UMB | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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192.50 |
Top Posts |
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Posted at 30/10/2007 17:28 by pully333 Could this be a four way battle between, Sports direct, Nike, JJB and addidas.Nike has $2billion in the balance sheet, low interest rates in America and a poor $ makes it plausible to suggest it wouldnt mind taking this over in a hostile bid in order for it to gain market share in a geographical area in which it has been struggeling. JJB and Sports Direct are more likely to negotiate binding contract agreements that continue to supply the two businesses with unitary cost goods. Plus a premium price to the 195p paid by Sports Direct today. If this takeover is blocked investors can still take confidence in the 195p paid by SD. |
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