In a Stock Exchange statement they confirmed that they will bewriting to shareholders shortly to explain more fully theirdissenting views on the Jafari-Fini offer, which they believe doesnot represent full value for the company's shares. They went on tosay " shareholders should be aware that the Board of the Companyhas received an approach from a third party" and that due diligencehad begun on that potential offer.

Chesterton shares remained unchanged at 12.25p on theannouncement.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.