UK's Bodycote tumbles after Apollo rules out takeover offer

Bodycote

05/06/2026 08:13

** Shares of Bodycote BOY.L down 10.2% at 739p
** Stock second-top loser across LSE; top loser on FTSE mid-cap index .FTMC, which is down 0.2% 
** Apollo confirms it does not intend to make a firm offer for the heat treatment services group
** In 2026, stock up about 6% vs .FTMC's 3.5% rise

(Reporting by Judes Joseph in Bengaluru)
((judes.joseph@thomsonreuters.com;))