13 June 2025 - recommended cash offer
The industrial chains group has received a takeover offer from a private equity firm worth 82p per share in cash and the board of the company has recommended that this offer be accepted. Despite the progress that the company has made over recent years, this has still not really been reflected in the share price and so this offer represents an opportunity for shareholders to receive something like fair value for their shares. We advise shareholders to ACCEPT THE OFFER/SELL IN THE MARKET.
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