Shareholders in the likes of Bwin (LSE:BPTY), AGA Rangemaster (LSE:AGA) and Latchways (LSE:LTC) have enjoyed nice gains in recent weeks -- even as the wider market has fallen -- thanks to M&A activity. But will this enthusiasm for takeovers continue if the stock market volatility turns into a rout?
I am monitoring the share price of AGA Rangemaster (LSE:AGA) today following Whirlpool's latest announcement... I'd have never expected a bidding war, but this is the most likely scenario right now!
Elsewhere, the shares of Latchways (LSE:LTC)and Exillon Energy (LSE:EXI) have also caught my attention today. They are up 48% and 7.7%, respectively, in a plunging market, with the FTSE 100 down 2.6% at the time of writing.