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UK Stock News Page 32

Eleco Surges 70% as Accel-KKR Tables £207.6m Cash Bid

Eleco plc (LON: ELCO), the AIM-listed construction-software group, has agreed to a recommended £207.6m all-cash takeover by US private equity firm Accel-KKR. The board unanimously backed the 235p-a-share…

Persimmon Shares: UBS Bullish, But Stock Slips

Persimmon (LON: PSN) shares slipped Wednesday even after UBS began coverage of the homebuilder with a bullish rating. UBS initiated the stock at buy with a 1,325-pence price…

Eurowag Raises FY26 Guidance But Shares Barely Move

Eurowag (LSE: EWG), the pan-European fuel and toll payments provider, raised the bottom of its full-year profit guidance on Wednesday after first-half growth beat expectations, yet its shares…

AIRE Board Backs Glenstone’s 70p Cash Offer

Alternative Income REIT (LON: AIRE), a property investment trust, saw its board reverse its rejection of Glenstone REIT’s takeover bid after the 70p-a-share cash offer became unconditional today,…

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