Business
Increased proposed offer for Andor Technology plc
Increased proposed offer for Andor Technology plc.
About this update from Oxford Instruments Plc
[{"type":"text","content":"\n \nRNS Number : 9764U Oxford Instruments PLC 06 December 2013 \n \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION\n \nThis is an announcement falling under Rule 2.4 of the City Code on Takeovers and Mergers (the \"Code\") and does not constitute an announcement of a firm intention to make an offer or to pursue any other transaction under Rule 2.7 of the Code. Accordingly, Andor Technology plc shareholders are advised that there can be no certainty that a formal offer for Andor Technology plc will be forthcoming, even in the event that the pre-conditions in this announcement are satisfied or waived.\n \n \n \nFor immediate release 6 December 2013\n \n \nOxford Instruments plc increases its proposed offer for Andor Technology plc to a final*\n 525 pence per share\n \nToday, Oxford Instruments plc (\"Oxford Instruments\" or the \"Company\") announces that it has raised its proposed offer to 525 pence per share in cash to acquire the entire issued and to be issued share capital of Andor Technology plc (\"Andor\"). This is Oxford Instruments' final* proposal and is subject only to the recommendation of the Board of Andor. &nbs...