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WH Ireland

  • BY: Andrew Hore |
  • POSTED: 25/04/2008 |

WH Ireland has called off bid talks.

The Aim adviser says that it has considered proposals but told the offeror that it doesn’t think they are in the best interest of its shareholders.

Blue Oar admitted that it made the offer and it says it still believes a combination of the two businesses would be a good idea.

WH Ireland shares slipped 7.5p to 106.5p – still above the recent subscription price of 100p. Blue Oar shares fell 0.5p to 14.75p.

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