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Name | Symbol | Market | Type |
---|---|---|---|
Jardine Matheson Holdings Ltd (PK) | USOTC:JMHLY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 35.40 | 34.70 | 37.70 | 0.00 | 12:02:57 |
Jardine Matheson Holdings Ltd. (JAR.LN) announced Thursday that it has reached agreement on the terms of a partial cash offer to acquire 10% of insurance firm Jardine Lloyd Thompson PLC (JLT.LN) for GBP166.3 million, or 765 pence a share.
MAIN FACTS:
-Jardine Matheson would acquire a further 21.7 million shares , taking its holding in JLT to over 40%.
-Jardine Matheson confirmed that JLT is a core strategic investment and that it has no intention of divesting any shares in JLT.
-Shares closed Wednesday at 619 pence valuing the company at GBP1.35 billion.
-By Peter Evans, Dow Jones Newswires; 44-20-7842-9308; peter.evans@dowjones.com
1 Year Jardine Matheson (PK) Chart |
1 Month Jardine Matheson (PK) Chart |
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