Business
Confirmed as Preferred Bidder
Confirmed as Preferred Bidder.
About this update from Hargreaves Services Plc
[{"type":"text","content":"\n \nRNS Number : 4970E Hargreaves Services PLC 10 May 2013 \n \n\nFor immediate release 10 May 2013\n \n \nHARGREAVES SERVICES PLC\n(\"Hargreaves\" or \"the Company\")\n \nConfirmed as preferred bidder for certain Scottish Coal assets\n \nHargreaves Services plc (AIM: HSP), the UK's leading supplier of solid fuels and bulk material logistics, is pleased to confirm that it has been named by the Joint Interim Liquidators of The Scottish Coal Company Limited (\"Scottish Coal\"), as the preferred bidder for certain assets of Scottish Coal and its related companies.\n \nHargreaves has been granted a period of exclusivity of six weeks to conduct due diligence on the Scottish Coal assets. \nA further announcement will be made in due course.\nGordon Banham, CEO of Hargreaves, said:\"We are pleased to be confirmed as preferred bidder for certain Scottish Coal assets. It represents an important opportunity to accelerate our strategy of creating a sustainable mining operation in Scotland founded on profitable sites operated with environmental responsibility.\"\n \n \n \nFor further details:\n \n\n\n\n\nHargreaves Services\n\n\n0191 373 4485\n\n\n\n\nGordon Banham, Group Chief Executive\n\n\n\n\n\n\n\nIain Cockburn, Group Finance Director\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nBuchanan\n\n\n \n020 7466 5000\n\n\n\n\nMark Court / Fiona Henson / Sophie Cowles\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nN+1 Singer (Nomad & Joint Broker)\n\n\n \n020 7496 3000\n\n\n\n\nSandy Fraser / Nick Owen\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJefferies International Limited (Joint Broker)\n\n\n020 7029 8000\n\n\n\n\nSara Hale / Harry Nicholas\n\n\n\n\n\n\n\n \n \n \n\nThis information is provided by RNSThe company ...