UK's National World gains on takeover approach from Eldridge Media
28/03/2025 10:45
** Shares of British multimedia company National World NWOR.L rise about 4% to 22.60p ** Company confirms approach from Eldridge Media Holdings (EMH), owned by soccer club Chelsea's co-owner Todd Boehly, regarding a possible takeover offer ** NWOR says it will consider the terms of any proposal put forward by EMH that may deliver superior value to its shareholders ** National World last month agreed to a takeover offer from a unit of media company Media Concierge (Holdings) Ltd ** Including session's gains, NWOR up 1.4% YTD (Reporting by Aby Jose Koilparambil in Bengaluru) ((abyjose.koilparambil@thomsonreuters.com))