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Arden Partners
- BY: Andrew Hore |
- POSTED: 26/04/2012 |
- COMMENTS: Add yours
Aim adviser Arden Partners has ended bid discussions with former non-executive director Grahame Whateley.
The discussions did not lead to an agreement on the structure of an offer. A cash bid of 37p a share was originally suggested, with the possibility of a share alternative.
At 40p a share, Arden is valued at £10.8m. The announcement was made at the close of trading so there was no time for the share price to react.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFApril2012_31.pdf
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