October 14, 2016 / 6:16 AM / 10 months ago

BRIEF-HarbourVest extends cash offer for SVG Capital again

Oct 14 (Reuters) - HarbourVest:

* Had put forward an alternative asset proposal to SVG Capital

* Is in discussions with SVG Capital and its advisers to conclude a transaction pursuant to asset proposal as quickly as possible

* Full and final cash takeover offer is being further extended and will remain open for acceptance until next closing date which will be 1.00 pm (London Time) on Oct. 18

* As at 1.00 pm (London Time) on Oct. 13, Harbourvest Bidco has received valid acceptances in respect of 43,265,968 SVG capital shares, representing 27.7 pct Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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