19th Sep 2018 13:11
LONDON (Alliance News) - DBAY Advisors Ltd said on Wednesday it has made a final offer for the takeover of technology recruitment and outsourcing firm Harvey Nash Group PLC, at 130 pence in cash per share and an interim dividend from Harvey Nash of 1.75p per share.
The Power of Talent Ltd, which is a new entity set up by DBAY, said the offer would not be increased from this price first offered , which values Harvey Nash at GBP98.7 million.
Harvey Nash had agreed to the offer in early August.
DBAY Advisors currently holds a 26% stake in Harvey Nash.
Shares in Harvey Nash Group were down 0.8% at 130.00 pence on Wednesday.