Countrywide 3i Takeover EGM and Court Meeting for Friday
By Richard Williams
Font Scale: 
Posted 17 January 2007 @ 07:51 am GMT
Countrywide Plc issued a letter to its shareholders, giving an update on the situation with its Court Meeting and EGM regarding its possible takeover by 3i Investments.
Article Tags 
3i countrywide court egm investments meeting
The EGM was adjourned at the request of 3i who’s Independent Directors wished to hold further consultations with the significant Shareholders of Countrywide, and so ensure that any EGM that was held would reflect the interests of the Shareholders.
Current proposals place the value of Countrywide shares at 568.7 pence. The Court Meeting and EGM will now take place on Friday 26th January 2007.
This article is copyrighted by the International Business Times.
Most Popular Stories
- 1 RBS gets Chinese approval for Suzhou stake
- 2 June retail sales fall less than expected
- 3 Birth control battle weighs on Philippine economy
- 4 Saudi Telecom in sponsorship deal with Man United
- 5 Glasgow loss deals blow to Labour
- 6 Besley says fighting inflation tough task
- 7 Asia stocks at two-year low
- 1 Banks may avoid worst of household debt pain
- 2 FAA proposes 3.8 million fine against American
- 3 Swaps spreads highlight credit stresses
- 4 Slower economy saps climate action
- 5 Besley says fighting inflation tough task
- 6 Poll shows leader swap would not save Labour
- 7 Weak sterling may not curb recession
|
Top Stories on Companies
- 1 RBS gets Chinese approval for Suzhou stake
- 2 Buyout group raises offer for Australia's Indophil
- 3 Nat Exp and Stagecoach on rail bid shortlist
- 4 Tolent posts fall in first-half pretax profit
- 5 HP results top Wall Street targets
- 6 Apple updates iPhone software to fix glitches
- 7 BAA set for break-up
|
|
