Bernerd’s £865m Chelsfield bid rejected

The independent directors, headed by Sir Bruce MacPhail said Bernerd’s bid had been rejected because ‘it may not fully reflect the long-term value of Chelsfield’. But they left the door open for the Bernerd consortium to return with an improved offer, saying that discussions were ‘progressing with the consortium with ...

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue