British Holidaybreak Company specializing in travel is in talks with Mumbai-based tour operator Cox & Kings Co. Ltd. about a potential offer, which if completed at the end of the year over the search company in India for a global purchasing.
Holiday break has said that the debate may or may not lead to a public offering of 432.1 pence per ordinary share, a premium of 18% and close on Monday of the title.
The news sent from the holiday break to over 12% to 412 pence, making it the winner of the London Stock Exchange Tuesday. The stock hit a high of 417 pence, the biggest gain in more than three years.
Meanwhile, shares of Cox & Kings closed at 197.85 rupees to 0.9% in a market that has been beaten in Mumbai by an increase in interest rates by the Reserve Bank of India (RBI).
Holidaybreak, which offers residential outdoor education and adventure trips for school children is estimated at 225.24 million pounds according to his family on Monday.
"We see the offer price of 432.1p as satisfactory ... the grand prize for each of them is the division of education," said an analyst at Brewin Dolphin Sahil Shan.
Breakfast holiday was revealed on Monday has been an acquisition negotiations with third parties.
Cox & Kings said Tuesday that he had discussions with the acquisition of the holiday break, but was not willing to offer.
"In line with its growth strategy, it is in talks with plc holiday break ... which may or may not lead to an offer of securities in the Christmas break," Cox & Kings said in a statement.
"It 'difficult to assess the economic impact, but it is good news, because this goes on for a long time," said Daljeet Kohli Director of Research Securities IndiaNivesh.
"This is our opinion, meets the Cox and equipment when they are looking for a company that specializes in tourism and as part of (a), the market leader King, '" says Kohli, who must purchase stock rating.
The company, a senior British unlisted Cox and Kings, had divided the liquidity of over Rs 10 billion in acquisitions in January in the United States and Europe.
Last week, Cox & Kings has received federal approval to raise 7.5 billion rupees through a qualified institutional placement of shares to foreign institutional investors.
"We believe that the acquisition was imminent is an important step, because the share price in recent months. Emerging some 'clarity on this front, in front of this equipment are measured thanks to the acquired business, and performance," Kohli said.
From Cox & Kings has paid about a quarter of their value since early 2011.
It becomes more than half of its total revenue from international operations and foreign buyers looking for more to drive profitability and future growth.
The company had acquired in December 2009 with headquarters in Australia myplanet Australia Pty Ltd and Bentours International Pty Ltd a unit of TUI Travel PLC, and was looking to buy from mid-2010.
Holiday break has said that the debate may or may not lead to a public offering of 432.1 pence per ordinary share, a premium of 18% and close on Monday of the title.
The news sent from the holiday break to over 12% to 412 pence, making it the winner of the London Stock Exchange Tuesday. The stock hit a high of 417 pence, the biggest gain in more than three years.
Meanwhile, shares of Cox & Kings closed at 197.85 rupees to 0.9% in a market that has been beaten in Mumbai by an increase in interest rates by the Reserve Bank of India (RBI).
Holidaybreak, which offers residential outdoor education and adventure trips for school children is estimated at 225.24 million pounds according to his family on Monday.
"We see the offer price of 432.1p as satisfactory ... the grand prize for each of them is the division of education," said an analyst at Brewin Dolphin Sahil Shan.
Breakfast holiday was revealed on Monday has been an acquisition negotiations with third parties.
Cox & Kings said Tuesday that he had discussions with the acquisition of the holiday break, but was not willing to offer.
"In line with its growth strategy, it is in talks with plc holiday break ... which may or may not lead to an offer of securities in the Christmas break," Cox & Kings said in a statement.
"It 'difficult to assess the economic impact, but it is good news, because this goes on for a long time," said Daljeet Kohli Director of Research Securities IndiaNivesh.
"This is our opinion, meets the Cox and equipment when they are looking for a company that specializes in tourism and as part of (a), the market leader King, '" says Kohli, who must purchase stock rating.
The company, a senior British unlisted Cox and Kings, had divided the liquidity of over Rs 10 billion in acquisitions in January in the United States and Europe.
Last week, Cox & Kings has received federal approval to raise 7.5 billion rupees through a qualified institutional placement of shares to foreign institutional investors.
"We believe that the acquisition was imminent is an important step, because the share price in recent months. Emerging some 'clarity on this front, in front of this equipment are measured thanks to the acquired business, and performance," Kohli said.
From Cox & Kings has paid about a quarter of their value since early 2011.
It becomes more than half of its total revenue from international operations and foreign buyers looking for more to drive profitability and future growth.
The company had acquired in December 2009 with headquarters in Australia myplanet Australia Pty Ltd and Bentours International Pty Ltd a unit of TUI Travel PLC, and was looking to buy from mid-2010.