19 December 2003
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 ...
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.