Delight in acquisitions | Still a puzzle | Furnishing fortunes
While all things AI-related continue to consume investors thinking, shares in a decidedly low-tech designer of furnishing fabrics and wallpapers covered here merrily climb to all-time highs after announcing excellent results. Elsewhere, the stock market seems to delight in one AIM company making acquisitions, let’s hope they work out as the market anticipates! Read on here for our usual forthright opinion on this and other news.
RWS: delight in acquisitions The stock market seems to delight in AI solutions company RWS (AIM:RWS) acquiring other businesses, sending its shares higher whenever a deal is announced. That’s probably a good indication of the market’s fears surrounding the Group’s existing activities! RWS is now acquiring Acogroup, a leading global provider of language and content services, for an Enterprise Value of £22.4m. The acquisition broadens RWS's client relationships across Europe bringing a complementary base of enterprise clients, with particular strength in Western Europe, where Acolad works with approximately half of the CAC 40 companies. It also extends the reach of…