Giles confirms £5m CBG offer
Giles Insurance Brokers has confirmed that discussions are underway with CBG concerning a possible offer at a price of 32p per share in cash for the entire issued and to be issued share capital of CBG.
The offer, which is subject to due diligence and the CBG board's recommendation, values the business at just over £5m.
A statement on the London Stock Exchange read: "This potential offer price
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