5th Oct 2015 09:43
LONDON (Alliance News) - APR Energy PLC Monday confirmed it is in discussions with a consortium comprising Fairfax Financial Holdings Ltd, ACON Investments LLC and Albright Capital Management LLC, regarding a possible takeover offer by the consortium for APR.
"At this stage, there can be no certainty that any offer will be made nor as to the terms on which any such offer might be made. A further announcement will be made as appropriate," APR said in a statement.
Shares in APR were trading up 47% at 138.50 pence following the announcement Monday morning.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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