May 2, 2018 / 1:23 PM / 2 months ago

BRIEF-Abcam Says Proposal Made To Horizon Discovery Regarding Possible Offer For Horizon Has Been Rejected

May 2 (Reuters) - Abcam Plc:

* POSSIBLE OFFER FOR HORIZON DISCOVERY GROUP PLC

* MADE A PROPOSAL TO BOARD OF HORIZON DISCOVERY IN RELATION TO A POSSIBLE OFFER FOR HORIZON DISCOVERY AT A VALUE OF 181P PER HORIZON DISCOVERY SHARE

* PROPOSAL HAS BEEN REJECTED BY BOARD OF HORIZON DISCOVERY TODAY

* PROPOSAL VALUES ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF HORIZON DISCOVERY AT ABOUT £270 MILLION

* ABCAM IS SEEKING TO ENGAGE WITH HORIZON DISCOVERY IN A CONSTRUCTIVE DIALOGUE Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below