U.S. navigation device maker Garmin Ltd is in early talks to buy Britain's Raymarine Plc in a bid to gain market share in Europe. Raymarine, which makes fishfinders, autopilots, marine radar and GPS ...
LONDON — Shares in Raymarine, the British maker of electronic gear for boats, gained over 70 percent in early trading Monday (August 17) following weekend reports the company had received a bid ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Raymarine, the troubled Portsmouth-based manufacturer of radar and navigation systems for leisure boats, is ...
LONDON, April 28 (Reuters) - Garmin , the biggest U.S. navigation device maker, said it made a 15 pence per share cash offer for Raymarine , valuing the debt-laden marine navigation supplier at about ...
(Reuters) - U.S. navigation device maker Garmin Ltd said any takeover offer it might make for Britain's Raymarine Plc was likely to be in cash. Raymarine shares continued Monday's rally and rose as ...
TWO Hampshire navigation firms were last night refusing to deny takeover rumours, stoking expectations of a £20m mega-merger on the south coast. Raymarine, a leading maker of marine electronics based ...
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Shares in heavily indebted electronics firm Raymarine rose 8.05p to 14p yesterday after its bigger rival, Garmin, launched a 15p-a-share cash offer valuing the firm at £12.5m. The two companies had ...
Electronic boat equipment maker Raymarine has had a takeover approach from sat nav giant Garmin. Raymarine has been on the hunt for a rescue partner as it struggles against slumping profits and rising ...
NEW YORK (MarketWatch) -- Raymarine, the British manufacturer of marine navigation equipment, has received a takeover offer from much bigger rival Garmin, the Sunday Times reported without attributing ...
Raymarine urged shareholders to take no action yesterday after its giant American rival Garmin tabled a bid, saying it would pay 15p a share cash for the debt-laden marine equipment manufacturer.
Raymarine, the London-listed supplier of electrical products to leisure boats, is thought to have attracted a takeover approach from Garmin, the $10bn mobile navigation device company, in a deal that ...