Edition:
India

Charles Taylor Agrees To 261 Mln STG Buyout Deal By LMP Bidco


Thursday, 19 Sep 2019 

Sept 19 (Reuters) - Charles Taylor PLC ::CHARLES TAYLOR PLC - RECOMMENDED CASH OFFER.CHARLES TAYLOR PLC - BOARDS OF LMP BIDCO AND CHARLES TAYLOR ARE PLEASED TO ANNOUNCE THAT THEY HAVE REACHED AGREEMENT.CHARLES TAYLOR PLC - AGREEMENT FOR RECOMMENDED CASH OFFER FOR ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF CHARLES TAYLOR BY LMP BIDCO.CHARLES TAYLOR PLC - EACH CHARLES TAYLOR SHAREHOLDER AT SCHEME RECORD TIME WILL BE ENTITLED TO RECEIVE 315 PENCE IN CASH.CHARLES TAYLOR - OFFER PRICE REPRESENTS VALUE OF ABOUT £261 MILLION FOR CHARLES TAYLOR ON A FULLY DILUTED BASIS.CHARLES TAYLOR - CHARLES TAYLOR DIRECTORS INTEND TO RECOMMEND UNANIMOUSLY THAT CHARLES TAYLOR SHAREHOLDERS VOTE IN FAVOUR OF SCHEME AT COURT MEETING. 

Company Quote

318.5
-0.5 -0.16%
18 Oct 2019