Harworth directors unanimously recommend that shareholders accept 'best and final offer' from Peel

Harworth directors unanimously recommend that shareholders accept 'best and final offer' from Peel

The directors of Yorkshire-based land developer Harworth have unanimously recommended that its shareholders accept a “best and final offer” from Doncaster Sheffield Airport landowner Peel.

Peel takes Harworth private with £632m higher bid – Northern Financial Review

Directors of Rotherham land developer Harworth Group on Friday unanimously recommended that its shareholders accept a “best and final” increased cash takeover offer of £631.7...

Harworth board recommends shareholders accept increased, £631.7m Peel Group offer

Harworth’s board has recommended shareholders accept a best and final offer from Peel Group after rejecting previous takeover bids from the long-term investor. The offer, at a price of 187 pence per share, values the Rotherham-headquartered regeneration, strategic land and development business at approximately £631.7 million. It follows the rejection of previous Peel bids at […]

News: At £631.7m, Harworth agrees to Peel deal

The board of Harworth, the Rotherham-based regenerator of land and property for sustainable development and investment, has recommended a best and final takeover offer from major shareholder Peel Holdings, valuing the company at £631.7m. Rothbiz reported last month on the initial cash offer worth £582.88m at 172.5p per share that was dismissed, along with a follow up bid at 177.5p. The board argued that those attempts significantly undervalued t…