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BRIEF-Watchstone Group says received correspondence from firm of solicitors for SGH
May 11, 2017 / 6:42 AM / 6 months ago

BRIEF-Watchstone Group says received correspondence from firm of solicitors for SGH

May 11 (Reuters) - Watchstone Group Plc:

* Received further correspondence from firm of solicitors for Slater And Gordon stating intent to issue proceedings by end of May

* Denies any misrepresentation in strongest terms, remains satisfied that neither warranty claim nor misrepresentation claim have merit

* Letter states SGH intends to make claim for about £600m

* SGH intends to make claim on the basis that but for fraudulent misrepresentation it would not have entered into transaction at all Source text for Eikon: Further company coverage:

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