News

TDG gives suitors 20 June deadline

23 May 2008

TDG has given Laxey Partners and Wincanton until 5pm on 20 June to make a firm offer for the company or walk away.

Wincanton entered the fray with a cash offer of 281.25p per share earlier this month (Wincanton joins  the race to buy TDG), while Laxey Partners revealed its intentions in February (TDG's £222m takeover offer from Laxey Partners).

In a statement TDG said both parties had accepted the deadline.


Roanna Avison
Email at roanna.avison@rbi.co.uk
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