RE: Offer26 Apr 2024 09:27
Until a said majority of Shareholders approve and offer, no deal is set in stone. Directors have just negotiated, agreed and are now recommending that deal to Shareholders to accept but doesn’t mean they will. Highly unlikely as it’s a first formal bid from a single party so I’m sure others will be interested. Live Bid price on LSE has hit and is hovering near the offer price so strong consensus is that a higher offer may well come