Esker : Takeover rumors by Bridgepoint: bolstered speculative appeal on the stock
>BridgePoint considering a takeover bid on Esker (confirmed by the company) - Esker stock was up 9% on Friday following a Bloomberg article that suggested interest from the British P/E fund BridgePoint for a possible takeover of the group (link to the article). Indeed, BridgePoint is reportedly working with some advisers on a potential takeover bid, according to sources close to the matter. This morning, Esker confirmed in a press release that it was indeed in talks w...ESKER and its subsidiaries are engaged in the design and production of software applications. Co. operates corporate resource access software such as applications and databases for workstations. Co. has three major product groups: Host Access, DeliveryWare and Fax Server. Host Access products allows users to access applications and databases stored on different servers from their own workstations. DeliveryWare responds to the need of companies for automatic management document delivery. Fax Server allows the user to send a fax directly from their workstation.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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