This is well down the road14 Jun 2018 12:29
Offer could be any day.
The Company is pleased to confirm that it has received several approaches, directly and through potential buyers contacted by Evercore as financial adviser to the Company. Potential buyers wishing to participate in the formal sale process were required to sign a non-disclosure agreement, after which they received further information on the Company. Potential buyers then submitted non-binding proposals to Evercore for the Board's consideration which comprised expressions of interest for the Company as a whole as well as for parts of the Company. As a result, the Board is now engaged in detailed discussions with certain parties about the sale of the Company (whether as a whole or in parts), with the aim of concluding this activity before 30 September 2018 as previously communicated in our announcement dated 15 March 2018.