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Brit share deal extended for fifth time

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Achilles' has extended the deadline by which Brit shareholders can accept or decline the private equity consortium’s offer for the company for a fifth time.

The deadline is now 1pm on 5 February.

At the most recent closing date of the offer - 29 January, Achilles had received valid acceptances representing 72% of Brit shareholders.

On 26 October 2010, the

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