VSEL rises as new BAe bid prompts speculation on GEC's next move
Shares in U.K. shipbuilder VSEL rocketed late last week as investors began betting that Lord Weinstock's GEC is nearly ready to re-enter the bidding war for the company. Friday trading pushed VSEL 18 pence to 1,825, and traders agreed that no investor will sell so long as another GEC bid remains...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.