December 16, 2016 / 7:53 AM / 7 months ago

BRIEF-Loxam SAS raises bid for Lavendon Group to 425 mln stg

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Dec 16 (Reuters) - Loxam Sas

* Loxam sas - offer for lavendon group plc

* Increased recommended cash offer for Lavendon Group Plc by Loxam SAS

* Increased recommended offer values entire share capital of Lavendon in issue as at 15 December 2016 at 425 million stg

* Boards of Lavendon and Loxam announce an increased recommended all cash offer of 250 pence per share for Lavendon

* Offer at premium of 79.9 percent to closing price of 139.0 pence for each Lavendon share on 21 November 2016 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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