Browsing Tag
Peel Holdings
2 posts
Harworth Group (LSE: HWG) reaches 187p as board accepts Peel’s £632m final takeover offer
Harworth Group’s takeover fight appears close to resolution after Peel Holdings lifted its proposal to a best-and-final 187p per share, secured enough additional stock to move beyond 52% upon settlement and finally won the board’s recommendation.
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.