Ann: Pure Recommends BG Group Takeover Offer , page-21

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  1. 6,942 Posts.
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    re: Ann: PES: Pure Recommends BG Group Takeov... goodaye beerwm,
    the PES announcement says that the BG offer opens on 20 Feb - thats this Friday.
    SO it is open for acceptances say 9.00am Friday?
    So i think Arrow will need to come up with an offer prior to that - otherwise it risks the possibility of PES s/h accepting the offer first thing Friday - and the BG offer is unconditional so once a s/h accepts, that's final.
    cheers
 
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