Vantis receives takeover bid
Vantis has received an unsolicited all-share takeover offer which it will reject
the accountant and provider of financial advice to British soccer clubs was
forced to explain to the market yesterday it was the target of a takeover offer.
A statement distributed by the Regulatory News Service confirmed the
speculations, which had been pushing its share price up by 8.9%, to 116p.
The statement said it had received an unsolicited, ‘very preliminary’ all
The board did not believe the offer was ‘in the best interest of
shareholders’ and would not be pursuing it.