PFL.L : Summary for PREMIER FARNELL PLC ORD 5P - Yahoo Finance

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LSE - LSE Delayed Price. Currency in GBp
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  • Reuters7 months ago

    Daetwyler backs away from bidding war for UK Raspberry Pi maker

    Switzerland's Daetwyler said on Thursday it would not make a higher offer for Premier Farnell , potentially paving the way for U.S. rival Avnet Inc to take over the British firm that makes the Raspberry Pi mini computer. Premier Farnell withdrew a recommendation for Daetwyler's cash offer of 165 pence per share last month, after receiving a 185 pence bid from Avnet. Many analysts have since expected Daetwyler, an electronic component distributor, to return with a higher offer, potentially sparking a bidding war.