News

Bernerd works up higher offer for Chelsfield

9 January 2004

Bernerd’s initial 305p-a-share bid was rejected by Chelsfield’s independent directors a week before Christmas because ‘it may not fully reflect the long-term value of Chelsfield’. It is understood that Bernerd’s improved offer may not involve an increase in the 305p price but will offer shareholders an ongoing participation in a ...

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