Reuters logo
BRIEF-Arden Partners updates on possible offer by Dolphin for FIH Group
March 15, 2017 / 8:37 AM / 6 months ago

BRIEF-Arden Partners updates on possible offer by Dolphin for FIH Group

March 15 (Reuters) - Arden Partners Plc

* Possible offer by Dolphin for FIH Group

* Dolphin wishes to enter into a constructive dialogue with FIH and its major shareholder to make recommended offer in due course

* Written to board of FIH to request info to enable it to evaluate making cash offer, at premium to current offer by Staunton Holdings of 300 pence

* Dolphin is announcing this proposal as a means to encourage and to further this process

* Dolphin (together with its associated entities) holds 315,609 ordinary shares in FIH, representing 2.54 percent of fih’s voting rights

* Dolphin does not currently intend to accept offer made by Staunton Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below