2nd Aug 2018 12:49
LONDON (Alliance News) - Sinclair Pharma PLC said Thursday that the UK Takeover Panel has granted an extension to China Grand Enterprises, Inc and its affiliate Huadong Medicine Co Ltd to decide on making a bid for the UK listed company.
The panel has granted China Grand and Huadong Medicine until August 16 to either make a firm offer for Sinclair, or walk away.
Shares in the pharma company were down 0.8% at 62.00 pence each on Thursday afternoon.
Related Shares:
Sinclair Pharma