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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mcbride Plc | LSE:MCB | London | Ordinary Share | GB0005746358 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
4.50 | 3.75% | 124.50 | 124.00 | 124.50 | 125.00 | 121.00 | 125.00 | 127,776 | 16:35:10 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Soap And Other Detergents | 889M | -11.5M | -0.0661 | -18.76 | 215.83M |
MCB Bank Ltd (MCB.KA), Pakistan's fourth largest bank by assets, said Wednesday it will acquire 99.37% of The Royal Bank of Scotland Group PLC (RBS)'s Pakistan assets for $87 million.
MAIN FACTS:
-MCB will initially acquire 1.7 billion of ordinary shares or 99.37% stake in RBS Pakistan from ABN Amro Bank N.V., a subsidiary of The Royal Bank of Scotland.
-MCB will also make tender offer for remaining 0.63% of ordinary shares not owned by majority shareholder.
-As MCB will fund transaction entirely through internally generated cash resources, it is not contingent on any external fund raising.
-Proposed acquisition conditional upon necessary regulatory and other approvals.
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com
1 Year Mcbride Chart |
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