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Real-time
Other stock markets
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5-day change | 1st Jan Change | ||
| 0.0129 EUR | 0.00% |
|
-3.01% | -17.31% |
PARIS (Reuters) - Latecoere said it had appointed financial advisory company Finexsi to study a 365 million euro (£330 million) takeover offer for the French aerospace company from Searchlight Capital.
Searchlight, which already owns 26% of Latecoere's share capital, made an offer of 3.85 euros per share for Latecoere in late June, in the latest example of activist funds targeting companies which they feel are underperforming.
Founded by Pierre-Georges Latecoere in 1917, the company is a partner to Boeing, Airbus and Dassault Aviation.
(This story was refiled to correct word in headline from "advisory" to "advisor")
(Reporting by Sudip Kar-Gupta; editing by Jason Neely)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 204.2 EUR | -0.58% | -0.29% | 17.31B | ||
| 170.2 USD | +0.01% | -1.81% | 104B | ||
| 159.6 EUR | -0.67% | -2.09% | 135B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -17.31% | 172M | |
| +29.56% | 91.81B | |
| +19.96% | 67.48B | |
| +9.95% | 24.1B | |
| +7.81% | 12.25B | |
| -12.81% | 12B | |
| +11.55% | 9.51B | |
| -10.62% | 7.87B | |
| -.--% | 7.35B | |
| +4.31% | 3.85B |
LATÉCOÈRE 
