AM Online

HR Owen ends bid talks with Lancaster

Nick Lancaster, chief executive of HR Owen, will not take the company private.

Lancaster announced his intention to put forward an offer for HR Owen and take it off the stock market in September. However, the HR Owen board confirmed today that discussions about a possible offer have been terminated.

The board also stated that it reserved the right to reconsider an offer for the company from a third party.

  • For full story see AM’s December 1 issue
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