14 October 2024 - bid approach
The group has revealed that it has received yet another proposal from ABC Technologies Inc (its fifth in total!) suggesting an offer for the company at 200p per share in cash. This follows previous potential offers, all of which were turned down by the board of the company. However, after due consideration, the board has decided that if an offer of 200p per share in cash is actually received from ABC Technologies then it would be minded to recommend this to shareholders.. The company has therefore agreed together with the Takeover Panel that ABC can . . .
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