Global Brands has launched its tender offer to shareholders.
The Domino’s Pizza franchise holder in Switzerland is offering to acquire up to 404,214 shares at 224.27 cents a share – which is currently equivalent to nearly 114p a share. The market price is 67.5p.
The tender will remain open for 15 business days from its launch on 28 February. It is set to close in the afternoon on 25 March.
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