Weir (WEIR)
Posted: October 5th, 2020, 2:19 pm
https://www.investegate.co.uk/weir-grou ... 00060353B/
Proposed sale of the Oil & Gas division, executing the strategy announced in February to seek to maximise value here. The transaction is all cash, with proceeds to be used to reduce debt.
Share price up approx. 16% on the day, continuing the strong run over the last 6 months or so.
Proposed sale of the Oil & Gas division, executing the strategy announced in February to seek to maximise value here. The transaction is all cash, with proceeds to be used to reduce debt.
Share price up approx. 16% on the day, continuing the strong run over the last 6 months or so.