Weir renews A$10 a share offer for Ludowici

Sep 22 2013

MADRID (MarketWatch) — Pump and valve maker Weir Group PLC on Thursday said it is renewing its A$10 per share ($10.74) binding offer for Australian engineering group Ludowici Ltd. after a prior deadline passed. Weir is currently in a takeover battle with Danish rival FLSmidth & Co AS for the Australian company. The prior day, Weir said it had appealed a ruling by the Australian Takeovers Panel …

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    Originally posted 2012-03-02 02:07:39. Republished by Blog Post Promoter

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