UK's Reach Plc falls after National World drops plans to buy co

National World

23/11/2022 13:23

** Shares of British news publisher Reach Plc  RCH.L  down
7.9% at 101.8p
    ** Britain's National World Plc  NWOR.L  scraps plans to
make a cash offer for Co
    ** RCH notes the statement made by National World
    ** Reach among top pct losers on FTSE Small Cap  .FTSC 
index
    ** Earlier in Nov, NWOR said it was exploring possible offer
for RCH
    ** Including session losses, RCH's stock has plunged ~64%
YTD
 (Reporting by Amna Karimi in Bengaluru)
 ((Amna.Karimi@thomsonreuters.com; +91 8083261226;))