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Marlin makes final 340p/share cash offer for Shawbrook

05 June 2017 09:13

Marlin Bidco has made an improved and final cash offer for Shawbrook Group at 340p a share in cash, to acquire shares in that company it did not already own directly or .

Marlin is jointly owned by funds managed or advised by Pollen Street Capital Ltd and funds advised by BC Partners LLP.

The final offer, together with an Announced Dividend from the directors of Shawbrook, valued the entire issued and to be issued ordinary share capital of Shawbrook at about £868m.

At 9:13am: (LON:SHAW) Shawbrook Group Plc share price was -0.25p at 339.65p

Story provided by StockMarketWire.com

Related Company: SHAW

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