Business

Potential Offer Update

Potential Offer Update.

articleAcg Metals Limited Class ANovember 30, 20074/company/acg-acquisition-co-ltd/news/potential-offer-update
Potential Offer Update

About this update from Acg Metals Limited Class A

[{"type":"text","content":"\n Accuma Group PLC\n30 November 2007\n\n\n\n\n Accuma Group plc\n\n ('Accuma' or 'the Company' or 'the Group')\n\n Potential Offer Update\n\n\nOn 11 October 2007, Accuma announced that it had received a number of approaches\nwhich might or might not lead to an offer for the entire issued share capital of\nthe Company.\n\nSince that date the Company has been in discussions with a number of parties and\nhas received a number of indicative offers. None of the offers received has, in\nthe view of the Directors, reflected the underlying value of the business and\naccordingly, all such discussions have now terminated.\n\nDespite challenging markets, particularly in the IVA sector, the business\nmaintains sufficient cash for earn out commitments and believes the current\neconomic climate will favour the Group's full solutions platform.\n\nContacts:\n\nCharles Howson, Accuma Group plc 0161 751 6787\n\nLindsay Mair/Stewart Dick, Daniel Stewart & Company plc 020 7776 6550\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1297,"tagName":"div"}]

More updates from Acg Metals Limited Class A