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BRIEF-Marlin Bidco sweetens bid for Shawbrook
June 5, 2017 / 6:06 AM / 6 months ago

BRIEF-Marlin Bidco sweetens bid for Shawbrook

June 5 (Reuters) - Marlin Bidco Limited

* Offer update: increased and final cash offer

* Increased and final cash offer

* Marlin bidco limited- ‍announces terms of an increased and final cash offer to be made by marlin bidco

* Marlin bidco limited- ‍under terms of final offer, shawbrook shareholders shall be entitled to receive: for each shawbrook share 340 pence in cash​

* ‍final offer, represents a premium of approximately: . 36.5 per cent. To six-month volume weighted average closing price per shawbrook share of 251 pence on 2 march 2017​

* Marlin bidco limited- ‍values entire issued and to be issued ordinary share capital of shawbrook at approximately £868 million​ Source text for Eikon: Further company coverage:

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