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-   -   Raymarine Takeover? (http://www.cruisersforum.com/forums/f13/raymarine-takeover-14070.html)

GordMay 02-04-2008 05:40

Raymarine Takeover?
 
This morning Raymarine informed the London Stock Market that it had received a preliminary approach that may or may not lead to a full takeover.

At this stage the company cannot make any further comment and therefore it is not yet known if the interested party is a trade or private equity buyer.
Possible trade buyer names being put forward include Simrad, Garmin or Furuno.

Current market capitalisation is estimated at 200 million. Shares in Raymarine which had been trading at 2.46 when the market closed last night, rose by 27 per cent in response to the announcement.

MarkJ 02-04-2008 07:46

Quote:

Originally Posted by GordMay (Post 148900)
This morning Raymarine informed the London Stock Market that it had received a preliminary approach that may or may not lead to a full takeover..


I thought Raymarine was a division on Raytheon?

AnchorageGuy 02-04-2008 07:52

Raymarine bought out the marine electronics division of Raytheon a lonnnggg time ago. Perhaps a take over can improve customer service and quality control.

MarkJ 02-04-2008 08:24

Quote:

Originally Posted by Chuck Baier (Post 148927)
. Perhaps a take over can improve customer service and quality control.

Or improve the raytech interface from the Windows 3.1 functionality it has now.

I wish Google would buy it and shove Earth into a Navigator :)


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