14 May 2004
It is understood that Franklin Mutual, which has a 6.8% stake and is the biggest shareholder in Canadian company Brascan, a rival bidder to Morgan Stanley, will not vote for the 295p-a-share offer. It is also thought that Scottish Widows, which is a 4% shareholder, will not vote for the ...
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.