Peel Launches £417m Takeover Offer for Yorkshire's Harworth Group
Peel said the bid offers Harworth shareholders a 36.0% premium and immediate cash value as it argues the listed company lacks liquidity.
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Peel Group Makes £583 Million Bid for UK Landlord Harworth
Peel Group: Doncaster Sheffield Airport landowner makes £583m offer for Harworth Group
Peel Group, the real estate investor, has made an offer to buy Harworth Group, the Yorkshire-based regeneration, strategic land and development business, in a proposed deal which values the company’s share capital at around £582.88 million.
Manchester billionaire tables £583m offer for property developer Harworth
Billionaire-owned Peel Group has tabled a £583m offer for Harworth as the property developer is poised to become the latest firm to exit the London Stock Exchange. The offer of 172.5p per share represents a premium of 20.1 per cent compared to Harworth’s closing share price yesterday and a 36.9 per cent premium above the average share price over the past month. Peel Group, which already owns around 30 per cent of Harworth’s shares, is itself maj…
Peel Group in takeover offer for £583m Harworth – Northern Financial Review
Peel Pepper Limited, part of Manchester-based private conglomerate Peel Group, has announced a cash offer to acquire Rotherham-based land developer Harworth Group. Goodweather Holdings Limited, a subsidiary of Peel Holdings, and persons acting in concert with it, already hold 29.96% of Harworth. Peel is offering 172.5p in cash for each Harworth share. Harworth shares rose about 21% to around £1.74. Peel said: “The offer values the entire issued …
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