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 :)

My view is that it could be a consortium of companies join together to buy MNG. Each after seperate divisions and assets or alternatively any possible takeover could come from private equity. PE could just sit on them for a few years collecting the dividend (instead of us poor plebs) then slowly sell-off each division when the time is right.