Senior reported revenues of £734 million last year and a £192 million loss before tax after being hit by the impact of the pandemic on aviationThe American private equity group pursuing Senior has raised its proposed offer for the aerospace engineering company to £840 million. Lone Star said that it had tabled a fifth and final proposal at 200p a share, after Senior rejected a previously undisclosed fourth offer at 185p last week. Senior said that that offer “fundamentally undervalued Senior and its prospects”. Senior had not responded to the latest proposed offer last night. Its shares closed up 14p, or 9 per cent, at 165¾p yesterday, still well below the offer price in

Source: The Times June 21, 2021 23:03 UTC