Monday, 14 June 2021, 8:18 am
Do you remember the take private of suit retailer Moss Bros just as last year's stock market collapse kicked off in earnest?
The owners of Crew Clothing offered just over £22 million for Moss Bros in mid March 2020 but then tried to wriggle out of the deal once stock markets around the world plunged over 30pc...
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Friday, 12 February 2021, 11:38 am
Quelle surprise: the Takeover Panel has just announced an auction as a solution to solve the G4S bid battle stalement was on the money.
Below is a link to the announcement of the auction and also my previous article:
https://www.investegate.co.uk/takeover-panel/rns/g4s-plc---auction-procedure-under-rule-32-5/202102121011599507O/..
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Thursday, 28 January 2021, 1:06 pm
It would appear this morning's missive has stirred the pot somewhat, eliciting howls from sound corners of the London market.
To be clear, this morning's report wasn't suggesting there WILL BE a Takeover Panel led auction this weekend; just that is talk there is one coming down the track as there are moves afoot by advisers (don't forget, this could all be tactical to get one side to jump first)...
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