Baker Tilly UK Holdings Limited Offer Update (2638M)
22 8월 2013 - 3:01PM
UK Regulatory
TIDMTNO
RNS Number : 2638M
Baker Tilly UK Holdings Limited
22 August 2013
FOR IMMEDIATE RELEASE 22 August 2013
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART
IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE
ON TAKEOVERS AND MERGERS.
Baker Tilly UK Holdings Limited
Statement of intention not to make an offer for RSM Tenon Group
PLC
On 25 July 2013, Baker Tilly UK Holdings Limited ("Baker Tilly")
confirmed that it was reviewing the potential opportunity of making
an offer for RSM Tenon Group PLC ("RSM Tenon"), however this review
was not yet complete and there was no certainty that an offer would
be made.
Baker Tilly confirms that it does not intend to make an offer
for the entire issued share capital RSM Tenon.
Accordingly Baker Tilly and any person acting in concert with it
are subject to the restrictions imposed by Rule 2.8 of the City
Code on Takeovers and Mergers (the "City Code").
Baker Tilly remains of the view that there is significant value
in the RSM Tenon group and continues to be interested in an
alternative potential transaction involving an acquisition of part
or all of the business of the RSM Tenon group provided that such
alternative potential transaction does not constitute an offer
falling within the jurisdiction of the City Code.
A copy of this announcement will be available at
www.bakertilly.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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