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Schroders PLC Announces Recommended Offer For Cazenove Capital Holdings Limited


Monday, 25 Mar 2013 03:00am EDT 

Schroders PLC and Cazenove Capital Holdings Limited announced that they have reached agreement on the terms of the recommended acquisition by Schroders of the entire issued and to be issued share capital of Cazenove Capital. Under the terms of the Acquisition, Cazenove Capital Shareholders will be entitled to receive 135 pence in cash per Ordinary Share. The Acquisition values the fully diluted share capital of Cazenove Capital at approximately GBP424 million. 

Company Quote

2387.0
-4.0 -0.17%
3:58am EDT