Renishaw Takeover Rumours (RSW)

At 0910 BST, Renishaw shares were down 3.5% at 4,200p. Russ Mould, investment director at AJ Bell, said: "While Siemens may have poured cold water on speculation that it wants to buy precision engineer Renishaw, the latter still remains a prime takeover candidate. "Renishaw ticks the right boxes to be a bid target. It has specialist skills and a long track record of generating value for stakeholders. Its fortunes are heavily tied to the semiconductor industry where the prospects are improving after a year of oversupply. Furthermore, 52.8% of the company is owned by Renishaw’s co-founders David McMurtry and John Deer, both of whom are in their 80s and want to sell down their positions. Sharecast.com

Earnings reports have been good. The only solution is to restructure this as you say in order to make the company more attractive to a takeover.