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.
buyer names being put forward include Simrad
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.