Mystery bidder enters Alea race
The board of run-off reinsurance group Alea has received an unsolicited approach it said might lead to a higher offer for the Company than that made by FIN Acquisition Ltd last month. The approach is based solely on publicly available information.
Alea said in a stock exchange announcement this morning, the recommendation of its independent directors, made in the document dated 24 April 2007, relating to the recommended acquisition by FIN
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