Edition:
India

Eddie Stobart Says DBAY Gets More Time To Make Takeover Bid, Tinkler's Firm Not To Make Offer


Wednesday, 16 Oct 2019 

Oct 16 (Reuters) - Eddie Stobart Logistics PLC ::DBAY PUSU EXTENSION & UPDATE ON TVFB DISCUSSIONS.DISCUSSIONS WITH DBAY REGARDING A POSSIBLE OFFER FOR COMPANY REMAIN ONGOING.DBAY IS NOW REQUIRED, BY NOT LATER THAN 5.00 P.M. ON 28 OCTOBER 2019 TO MAKE A FIRM OFFER OR WALK AWAY.DISCUSSIONS BETWEEN COMPANY AND TVFB ARE CONTINUING REGARDING THIS EQUITY PROPOSAL.TVFB HAS CONFIRMED TO COMPANY THAT IT HAS NO INTENTION OF MAKING AN OFFER FOR COMPANY.NOT RECEIVED ANY PROPOSAL (FURTHER TO HIGHLY PRELIMINARY EXPRESSION OF INTEREST ON 18 SEPTEMBER 2019) FROM TINKLER'S TVFB. 

Company Quote

118.8
 --
15 Nov 2019