M&g Takeover Rumours (MNG)

Is M&G a takeover target?

M&G’s holding of 16,457,358 shares in AngloGold Ashanti PLC positions them to benefit significantly from the takeover of Centamin PLC. Here are a few ways they might benefit The takeover offer often includes a premium over the current share price of the target company. If the market views the acquisition favorably, AngloGold Ashanti’s share price could increase, boosting the value of M&G’s holdingsThe acquisition could create synergies that enhance AngloGold Ashanti’s operational efficiency and profitability. This can lead to improved financial performance and higher dividends, benefiting shareholders like M&GMarket Position: Successfully acquiring Centamin could strengthen AngloGold Ashanti’s market position, making it a more dominant player in the gold mining industry. This enhanced market position can lead to long-term growth and stability.

Yes buying and holding here makes more sense to me rather than trying to trade around the divi simply because it could be a takeover target at anytime. Good luck all ðŸ‘￾ðŸ￾»

I'm holding on to my shares and I will wait for the potential takeover that may be imminent.

For quick capital gains, takeover sniff plus good results would be great :)