Agreed bid from LXi11 May 2022 10:55
Added 10% to SIR's value today. The approaches of the 2 firms look similar with both targeting long-term inflation linked cash flows, which I think is still a good place to be. In addition, the last published NAV was 135p back in September, and given inflation, I think this will have risen considerably since then, so I think we'll get in at discount to NAV. On that basis, I'm going to hang in there and accept the share offer from LXi absent any further news.