Vesuvius stock tracks a 551p takeover proposal from RHI

Published on 09/30/2026 at 14:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vesuvius stock faces a 551p proposal from RHI Magnesita announced September 29, 2026. Berenberg lifted its target to 550p on September 30, 2026.

Fotorealistische Stahlwerkhalle mit glühender Gießpfanne und feuerfesten Keramikbauteilen — Vesuvius plc zeigt feuerfeste Keramikproduktion in einer Stahlwerk Anlage nahe Giesspfanne ISIN GB00B82YXW83, Illustration mit AI erstellt.

Vesuvius stock is tracking a 551 pence takeover proposal from RHI Magnesita, while the shares were trading at EUR 5.63 at Lang & Schwarz on September 30, 2026 at 2:18 p.m. CEST. The proposal gives the company a clear valuation reference as the board assesses its financial terms and execution risks.

A 551p proposal sets the terms

According to Investegate on September 29, 2026, RHI Magnesita's latest approach comprises 470 pence in cash for each Vesuvius share and 0.28 new RHI shares for every 10 Vesuvius shares. Based on RHI's one-month volume-weighted average price on August 27, 2026, the combined proposal was valued at 551 pence per Vesuvius share.

The comparison with earlier approaches is narrow but important. The March and June proposals were each valued at 550 pence per share, putting the latest headline value 1 pence higher, while the cash element rose from 454 pence in June to 470 pence in the latest proposal. RHI must announce a firm intention to make an offer or walk away by October 27, 2026.

Berenberg raises its target

MarketBeat reported on September 30, 2026, that Berenberg raised its Vesuvius price target from 450 pence to 550 pence and retained a Buy rating. The revised target is 100 pence above the previous target and sits 1 pence below the 551 pence takeover valuation.

Recent operating figures provide a counterweight to the transaction focus. MarketBeat said Vesuvius reported quarterly earnings per share of 16.30 pence, a net margin of 2.09 percent and return on equity of 3.36 percent in the quarterly results released on July 30, 2026.

Euro quote stays intraday

Vesuvius was trading at EUR 5.63 at Lang & Schwarz on September 30, 2026 at 2:18 p.m. CEST. The stock's primary listing is on the London Stock Exchange under ticker VSVS, where the finance quote showed an intraday price of GBp 475.60 at 1:15 p.m. London time on the same date; these values use different currencies and are not combined.