@conkers3.bsky.social#HWG Peel Pepper (UK) Ltd has published its best & final unconditional cash offer document for Harworth Group PLC, offering £1.87 p/s = approx. £631.7m.
Peel Group now controls 69.72% of Harworth's issued share capital, and the takeover offer has become unconditional.
@sharesifysocial.bsky.social
@conkers3.bsky.social✅Harworth Group #HWG ’s board has recommendation & backed an increased £631.7 million / £1.87 p/s cash offer from Peel
✅The revised proposal, described as Peel’s best & final offer, represents an 8.4% increase on the 177.5p bid announced earlier this month.
👍I hold $HWG
@sharesifysocial.bsky.social
@brokenbanker.bsky.socialquiet Friday, only one news of interest, an accepted raise for #HWG.L Harworth Group at 187p:
@sharesifysocial.bsky.social
@conkers3.bsky.social#HWG🆙 +1%✅£1.80✅ Harworth receives increased £1.775 p/s = £599.77m cash offer from Peel Holdings. This revised offer, comes with a presentation arguing that Harworth faces an uncertain outlook due to declining NAV, increased leverage, a constrained balance sheet.. 🧵 I continue to hold $HWG
@sharesifysocial.bsky.social
@sharesifysocial.bsky.social