Big game hunt for Hemingway

27 August 1999

The offer, which was announced on 29 July, was declared wholly unconditional on Tuesday, the first closing date, after acceptances for 78% of Hemingway’s shares were received. PRICOA, through special vehicle First Sloane Street, is offering 37p in cash, plus a 3p dividend, compared with Hemingway’s NAV of 57p ...

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