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Harworth Group has rejected Peel Pepper’s 172.5p-per-share cash takeover offer, arguing the £582.88 million bid undervalues its strategic land and regeneration portfolio despite Peel’s near-30% stake. Representative image.

Inside the Harworth-Peel standoff: 172.5p cash against 224.4p per share NDV

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Harworth Group has rejected Peel Pepper’s 172.5p-per-share cash takeover offer, arguing the £582.88 million bid undervalues its strategic land and regeneration portfolio despite Peel’s near-30% stake. Representative image.

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General business news

Inside the Harworth-Peel standoff: 172.5p cash against 224.4p per share NDV

Harworth's board unanimously rejected Peel Pepper's 172.5p cash offer as opportunistic, but the bid discounts EPRA NDV of 224.4p by nearly a quarter.

August 9, 2026

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General business news

Harworth Group announces £106.6m land sale at Skelton Grange to Microsoft

Harworth Group plc, a prominent land and property regenerator, has exchanged contracts for the conditional sale of 48…

byPallavi Madhiraju

June 30, 2024

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