(Bloomberg) -- Insider trading barely takes place
in the U.K. based on the number of penalties by the nation's
securities regulator: none this year and eight since 2001.
Stock movements ahead of acquisitions suggest otherwise.
Reuters Group Plc rose as much as 8.3 percent minutes before the
company said it received a takeover approach on May 4. Hanson
Plc climbed 4.8 percent just an hour ahead of HeidelbergCement
AG's takeover announcement. Northgate Information Solutions Plc
gained 10 percent a day before saying it had received ``a
number'' of offers from potential buyers.
Read more at Bloomberg Stocks News
in the U.K. based on the number of penalties by the nation's
securities regulator: none this year and eight since 2001.
Stock movements ahead of acquisitions suggest otherwise.
Reuters Group Plc rose as much as 8.3 percent minutes before the
company said it received a takeover approach on May 4. Hanson
Plc climbed 4.8 percent just an hour ahead of HeidelbergCement
AG's takeover announcement. Northgate Information Solutions Plc
gained 10 percent a day before saying it had received ``a
number'' of offers from potential buyers.
Read more at Bloomberg Stocks News
No comments:
Post a Comment