The Independent
UK · 55 mins ago
✦ 78✓ Factual
Bodycote shares fall as US suitor Apollo ditches £1.5bn bid interest
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Quality 78/100
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Low partisan intensity — consistent with factual reporting✓ Fair headline
Bodycote, a Macclesfield-based industrial services company, has seen its share price fall after US investment firm Apollo withdrew from pursuing a £1.5 billion takeover bid that had valued the company at 885p per share.
Bodycote shares fall as US suitor Apollo ditches £1.5bn bid interest
Macclesfield-based Bodycote said late last month it had received a conditional all-cash takeover approach from Apollo worth 885p a share.
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