6th Apr 2021 19:08
Dignity PLC - funeral services provider - Says Phoenix Asset Management Partners Ltd has made a binding commitment not to bid for the company. Phoenix said it will not seek to control the board of Dignity.
"We want to return to our work helping Dignity develop the best strategy for long term value creation because that is what we believe will deliver the best outcome for shareholders. If we lose the vote the board has said it will block Phoenix's involvement with Dignity and remove our board representative," Phoenix says in its statement Tuesday.
Current stock price: 670.00 pence, down 0.3% on Tuesday
Year-to-date change: up 5.5%
By Evelina Grecenko; [email protected]
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