Engineering group picked off London Stock Exchange in £4.1bn deal Markets Rotork is set to become the latest company snapped off the London Stock Exchange by a foreign buyer after agreeing to a £4.1bn takeover by Swiss rival ABB. The engineering group agreed to pay 506p per share in cash for the FTSE 250 firm, comprising 503p in cash and a dividend of up to 3p. [...]
Nine UK shares that tick all of Warren Buffett’s boxes City Talk By Kyle Caldwell from interactive investor. Looking for equity-based ISA inspiration? We run through the investment checklist of the Berkshire Hathaway chairman to identify UK shares that pass his stockpicking rules. American investor Warren Buffett is to the world of investment what Lionel Messi is to football: the greatest of his generation in the profession [...]
Rotork buys South Korean firm Rotork, which makes valve controls and actuators for oil and gas, water, power and nuclear plants, said yesterday that full-year adjusted operating profit rose 8.5 per cent due mainly to acquisitions. The company also said it had agreed to buy Young Tech Co (YTC), a South Korean manufacturer and supplier of valve positioners, for £64m. [...]
