Withdrawal of Eureko Approach
April 29 2008 - 3:02AM
UK Regulatory
RNS Number:2961T
FBD Holdings PLC
29 April 2008
FBD Holdings plc
29 April 2008
Withdrawal by Eureko B.V. of its recent approach noted
FBD Holdings plc ("FBD") notes the decision of Eureko B.V. to withdraw its
approach. The proposal contained no commercial logic and had no certainty of
value.
The Board of FBD considered carefully all aspects of the Eureko approach in
conjunction with its financial advisers, Goldman Sachs International and
Goodbody Corporate Finance, and concluded that the approach lacked any
strategic, commercial or financial rationale and consequently was not in the
interests of shareholders.
For reference: Telephone
Murray Consultants +353 (0) 1 498 0300
Joe Murray +353 (86) 253 4950
This information is provided by RNS
The company news service from the London Stock Exchange
END
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