SSE

Kentz, Victoria, AstraZeneca, and SSE

A number of companies on which ShareSoc has commented recently were in the news today (23/6/2014) or over the preceding weekend. Let's cover each in turn:Kentz Kentz received a cash offer for the company of 935p from SNC-Lavalin this morning. That's a premium of 33% to the recent share price. With such a premium and the stated support for the offer from the directors, it looks likely to succeed.  This will avoid the directors of Kentz having to deal with the ...

SSE, Centrica and Energy Market Probe

The prices of shares in energy supply companies such as SSE and Centrica fell sharply last year after Labour threats to impose a price freeze for retail customers. For example SSE was as high as 1675p in May 2013, but fell back to below 1350p by November. It's 1508p at the time of writing and has shown a steady recovery in the last new months. That recovery arose because both the Government and the companies took steps to minimise future price ...