East Surrey remains in the balance
- From: Vol 6, Issue 10 (October 2005)
- Category: General
- Region: Europe
- Country: Ireland
- Related Companies: Babcock & Brown, Goldman Sachs, Sutton & East Surrey Water and Terra Firma
The Takeover Panel hasn’t decided on whether to force Terra Firma to go ahead with its bid for East Surrey Holdings. Meanwhile, other investors are busily accumulating shares.
The fate of the Sutton & East Surrey Water Company will remain uncertain for up to two months, as the Takeover Panel’s ruling on Terra Firma’s bid for its parent company East Surrey Holdings faces further delay. Terra Firma tried to abandon its bid in August after the Northern Ireland gas regulator announced its intention to claw back some ...
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