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Mayborn - 513p bid from 3i backed vehicle

July 2006

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Jake Acquisitions, a 3i-backed vehicle, is bidding 500p cash a share for the household and baby care parts of Mayborn whilst at the same time divesting the Tube Plastics children’s playground division into a new unlisted business, worth an estimated 13p a share. The combined offer therefore is worth 513p or £119.3m for the company. In an unusual move, investors are also being given the option to retain a holding in the household/baby care elements of up to 11% of their holding. Mayborn was tipped at 434p last September, so a useful gain of 18%. At the time, Mayborn’s main rival, Advent, had been on the receiving end of a bid so the writing has been on the wall that Mayborn would follow eventually. ...

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James Fisher

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Mayborn - Bid approach (May 2006)

Mayborn (October 2005)

Mayborn - Outdoor children's play acquisition very eps enhancing (September 2005)

Mayborn - One of a few shares to hit a new high (June 2005)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

Mayborn - 513p bid from 3i backed vehicle

July 2006

Related Articles

Mayborn - Bid approach (May 2006)

Mayborn (October 2005)

Mayborn - Outdoor children's play acquisition very eps enhancing (September 2005)

Mayborn - One of a few shares to hit a new high (June 2005)

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