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Bullboard - Stock Discussion Forum Velan Inc T.VLN

Alternate Symbol(s):  VLNSF

Velan Inc. is a Canada-based manufacturer of industrial valves. The Company designs, manufactures and markets on a worldwide basis a broad range of industrial valves for use in critical applications. It provides solutions to many sectors including power generation, nuclear, oil and gas, chemicals, LNG and cryogenics, pulp and paper, geothermal processes, shipbuilding, defense, and carbon... see more

TSX:VLN - Post Discussion

Velan Inc > Flowserve takeover bid $8.50
View:
Post by claritas on Feb 10, 2023 8:38am

Flowserve takeover bid $8.50

So much for Mr Takacsy evaluation of between $15 to $20!!  As the offer was accepted by other major shareholders, it comes somewhat as a let down.  I see a pre-open bid of $9.35, but I doubt a competing offer would come in so late and after insider approval.
Comment by EbbFlow88 on Feb 10, 2023 8:59am
I see it coming in at 13$/share not $8.50. 
Comment by claritas on Feb 10, 2023 9:12am
Correction, offer should have reflected $13.00 and not $8.50 as I wrote.  My apologies!
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