Hyman and Reid launch bid for split cap

12 March 2004

HR Properties, a company controlled by two of BFS's directors, Harry Hyman and Tony Reid, is preparing to submit a 20.25p-a-share offer, which would value BFS's ordinary shares at £17.8m. This is just below BFS's net asset value of 20.4p a share at 30 September 2003.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Register for free to finish this article.

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 £6 per week.

Registered users and subscribers SIGN IN here to continue