Brit takeover deadline extended as over 70% accept Achilles' terms
Brit Insurance has announced that the the deadline for shareholders to accept the recommended cash offer by Achilles is being extended and will remain open for acceptance until the next closing date which will be 1pm on 10 January 2011.
The group added that as at 1pm on 27 December 2010, being the first closing date of the offer, Achilles had received valid acceptances of the offer in respect of over 56 million Brit Insurance
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