T&N merger options floated
Sat Sep 07, 2024 9:36 am
Multi-national T&N today floated merger options, with a hefty 160% floater in the offering.
According to people familiar with the offer a sizeable portion of the floatation will be in tanks, with late day rounding fees being avoided in line with the recently updated FANDAQ ruling ; a move that is likely to be warmly welcomed by the majority of shareholders in both businesses.
Both T&N shares jumped rapidly after the announcement, before rebounding frequently.
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Recipe Corner
Traditonal Euronian Casserole
Carefully slice 8kg of onions then discard once tearful, reserving the tears. Down a pint of fish stock, whisk aggressively until tired then discard along with the onions. Brown the pan on a high heat until completely ruined, then discard along with the stock and the onions. Order a takeout and serve garnished with the reserved tears.
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