Rosebank Industries eases after heavy session on FTSE 250 addition
Rosebank Industries closed Friday at 344 pence, down 2.3%, with volume spiking to 33.1 million shares as it joins the FTSE 250 next week. The company has begun restructuring MW Components and CPM after a $3.05 billion acquisition, aiming to cut costs by over $25 million annually. Shares remain about 14% above March lows but only 4% above the March equity raise.