LONDON (Thomson Financial) - TDG Plc. said at a hearing held on Friday, the
Court sanctioned the scheme for the recommended acquisition of TDG by LIT Plc.
The acquisition remains subject to the confirmation of the capital reduction
by the Court on Sept. 30 and to the delivery of the Court orders sanctioning the
scheme.
On July 4, Laxey Partners Ltd.'s acquisition vehicle LIT Plc. made a formal
agreed offer valuing TDG at around 203 million pounds.
TFN.newsdesk@thomson.com
npr/slm
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