Ultimatum Forced Bpb to Accept Pounds 3.9bn Bid

Daily MailNovember 18, 2005

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Summary


LEADING investors pressured BPB's board into accepting a revised Pounds 3.9bn bid from French predator Saint-Gobain, it emerged yesterday.

Sir Ian Gibson, chairman of the plasterboard giant, was given an ultimatum either agree the 775p a share offer or face an unprecedented shareholder revolt.

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Ultimatum Forced Bpb to Accept Pounds 3.9bn Bid

Murmurings of discontent began on Monday when Sa...

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