A mystery investor has bought a 14% stake in Belgo. Kintaro International has bought most of the shares sold last week by institutional investors Zurich Financial Services and Edinburgh Small Companies Trust.
Belgo does not know the identity of Kintaro and there is no record of it at Companies House. But the stake fuelled takeover speculation and shares closed up 2 1/4p, valuing the group at £23m.
Financial Mail on Sunday 07/10/2001 page 10 (Companies and Markets)
Belgo does not know the identity of Kintaro and there is no record of it at Companies House. But the stake fuelled takeover speculation and shares closed up 2 1/4p, valuing the group at £23m.
Financial Mail on Sunday 07/10/2001 page 10 (Companies and Markets)