TVH tops Loxam bid for Lavendon
Premium Content
24 December 2016
TVH Group has increased its offer for the acquisition of Lavendon Group, for a second time, to 251 pence per share, one pence higher than Loxam's latesr offer last week.
The offer for 100% of Lavendon would bring the value of the buyout to £427 million and represents an increase of 80.6% above the Closing Price of 139 pence on 21 November - the last business day before the start of the offer period.
STAY CONNECTED
Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.
Calculate the total cost of ownership and
CO2 output of construction machinery
using the European Rental Association’s
online, free-to-use calculators.
CONNECT WITH THE TEAM
