24th Apr 2009 10:27
CANDOVER INVESTMENTS PLC (the "Company")
Following its announcement on 6 April 2009, the Company confirms that it has received indicative proposals covering a range of options for the business, including but not limited to offers for the Company. In considering these options, the Board is focusing on both reinforcing the Company's financial position and maximising value for shareholders.
The Company's advisers have begun discussions with a number of interested parties to clarify their indicative proposals in order to allow the Board to consider and identify the most appropriate course of action.
The value to shareholders from any of the proposals remains highly uncertain and is subject among other things to completion of due diligence. Candover Investments plc emphasises that there can be no certainty as to the outcome of these discussions.
For further information, please contact:
Tulchan
Susanna Voyle / Peter Hewer +44 20 7353 4200
vendorRelated Shares:
CDI.L