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Sun, 23rd Jan 2022 15:11
Jan 23 (Reuters) - AdvancedAdvT, the quoted bid
vehicle pursuing a takeover of M&C Saatchi, has made a
fresh offer which includes a partial cash alternative for
investors in the London-listed advertising group, Sky News
reported https://bit.ly/3nMRE0f on Sunday.
The new proposal included roughly 40 pence-a-share in cash,
a shift from the initial all-share offer, Sky News said, citing
City sources.
(Reporting by Vishal Vivek in Bengaluru
Editing by Gareth Jones)
UPDATE: M&C Saatchi says improved AdvancedAdvT offer undervalues it
Read moreM&C Saatchi rejects partial cash takeover offer from AdvancedAdvT
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Read more(Adds details from report, and background)Jan 23 (Reuters) - AdvancedAdvT has made a fresh takeover offer for advertising giant M&C Saatchi which includes a partial cash alternative for investors in the British group, Sky News reported https://bit...
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