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Achilles extends Brit deadline again as offer acceptances remain static

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Achilles’ offer to acquire the entire issued and to be issued share capital of Brit Insurance is being extended and will remain open for acceptance until the next closing date which will be 1.00pm (London time) on 22 January 2011.

It is the second extension in a fortnight.

At the most recent closing date of the offer - 1.00 pm on 10 January 2011, Achilles had received valid acceptances of the offer in respect of 55 803 282 Brit

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