16th Aug 2005 07:34
Thus Group PLC16 August 2005 THUS Group plc THUS proposal to acquire Chelys Limited for £800 million THUS Group plc ("THUS") notes the announcement issued today by Cable & Wirelessplc that it will be proceeding with its offer for Chelys Limited, havingreceived the requisite levels of support from the holders of Energis' debt. THUS continues to believe that consolidation within the UK Telecoms sector willassist in delivering sustainable competition in business telecommunications andwishes Cable & Wireless well with its proposed acquisition. THUS will now be seeking the early resumption of trading in its Ordinary Sharesin accordance with the UK Listing Rules. Enquiries Smithfield 020 7360 4900 John AntcliffeTehsin Nayani This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CWC.L