Post by Deleted on Sept 3, 2009 17:26:35 GMT
The largest shareholder in National Express has made a £765m ($1.25bn)takeover offer for the transport group.
This amounts to £5 a share up from £4.50 of the earlier offer
It will be difficult for the board to turn the increased offer down. They have to act in the best interest of the shareholders so unless a higher bid comes in it looks as if Cosman Group will get it
This amounts to £5 a share up from £4.50 of the earlier offer
It will be difficult for the board to turn the increased offer down. They have to act in the best interest of the shareholders so unless a higher bid comes in it looks as if Cosman Group will get it