Marlowe (LON: MRL) had its bid approach to Restore (LON: RST) rejected by the latter’s management, but its regular acquisition activity is continuing to pay dividends and house broker Cenkos has upgraded its forecasts for the next two years.
The fire safety and compliance services provider has been built up via acquisitions and Restore would have been by far the biggest. Restore provides document storage and IT recycling services, so it has different businesses to Marlowe, although they are ...
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