Private equity house in cash offer for Chaucer stake
Pamplona Capital Management this morning confirmed its interest in acquiring up to 29.9% of the issued share capital of Chaucer Holdings by means of a partial cash offer. Final details of any proposed partial cash offer are still to be finalised.
In a statement PCM said: "Any partial cash offer will be made subject to certain pre-conditions including recommendation of the partial cash offer by the board of Chaucer and Takeover Panel approval
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