LONDON (AFX) - Telecoms and IT services company Redstone PLC said it is
extending its offer for IDN Telecom to Jan 19.
Up to the second closing date on Jan 5, the company said it had received
valid acceptances for 312 mln shares, or about 80.51 pct of business
telecommunications company IDN.
On Nov 30, Redstone made a 2.939 pence a share recommended cash offer for
IDN, valuing it at 11.4 mln stg.
newsdesk@afxnews.com
tsm/nes
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