The chairman and co-managing director of Microlease Plc, which leases electronic test and other equipment to the likes of British Telecom and Racal, are proposing to take the company private again, paying 150 pence a share to the outside shareholders. The board is considering the proposal, which came in the wake of a jump in […]
The chairman and co-managing director of Microlease Plc, which leases electronic test and other equipment to the likes of British Telecom and Racal, are proposing to take the company private again, paying 150 pence a share to the outside shareholders. The board is considering the proposal, which came in the wake of a jump in the company’s share price of 25 pence to 138. The announcement put another 12 pence on the price at 150 pence. The acquisition proposal would cost UKP5.1m and the managers have the financial backing of a group of insitutions.
