Edition:
United States

Findel Reaffirms That Sports Direct Offer Undervalues Co


Wednesday, 20 Mar 2019 03:00am EDT 

March 20 (Reuters) - Findel PLC ::STATEMENT REGARDING OFFER BY SPORTS DIRECT.BOARD REAFFIRMS ITS PREVIOUS STATEMENT THAT OFFER SIGNIFICANTLY UNDERVALUES FINDEL.NOTES ANNOUNCEMENT MADE BY SPORTS DIRECT OF POSTING OF OFFER DOCUMENT CONTAINING TERMS OF ITS MANDATORY OFFER.BOARD IS UNANIMOUS IN ITS REJECTION OF OFFER AT 161 PENCE PER SHARE.