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Chemring surges as Bain Capital said to have made takeover proposal

By Michele Maatouk

Date: Monday 24 Feb 2025

(Sharecast News) - Chemring surged to the top of the FTSE 250 on Monday following a Sky News report that private equity firm Bain Capital has made an approach to buy the defence group.
One source suggested to Sky that an initial offer may have been tabled at 390p a share....

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