Articles

Affichage des articles associés au libellé Laxey Partners

TDG pourrait être repris par un hedge fund

TDG pourrait être repris par un hedge fund Les opérations de l'été... Selon http://supplychainanalysis.igd.com LAXEY PARTNERS MAKES FORMAL BID FOR TDG 8 Jul 2008 Laxey Partners has submitted a bid for TDG which values the company at £203 million. The offer is for 250 pence per share or alternatively 200 pence per share plus 6.625 Bidco shares per TDG share. Laxey Partners had initially submitted an informal bid for TDG in February, when it offered to pay 275 pence per share. The new offer is therefore 25 pence per share lower, yet still 14% higher than the closing price per share on 26 June. The offer has received TDG backing and shareholders will vote on the deal at the General Meeting on 3 September 2008. If approved, the deal will become effective on 1 October 2008. Laxey Partners revendique la qualité de "Hedge fund"... ___________