Summary
THE Pounds 3.1m rescue rights issue for fledgling stock exchange Ofex was thrown into disarray after a lastminute takeover offer from four City financiers.
Shield Investments, led by Grant Thornton's Brian Moritz, is offering investors 40pc of the company rather than the 25pc under the rights issue. It will pay Pounds 2.5m, the same amount as the rights issue, due to Pounds 600,000 of advisers' fees.See the full content of this document
Extract
Ofex Rescue in Disarray
Shield is...
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