Agency acquisitions
10 September 2012
OPD and Hydrogen up offers for Imprint
OPD and Hydrogen both upped their offers for Imprint yesterday at the auction procedure ended.
The Board of OPD has increased its increased offer for the entire issued and to be issued share capital of Imprint not already owned by the OPD Group.
The increased offer of five OPD shares for every 14 Imprint shares, plus 36.75p, values Imprint at approximately £37.5m.
Meanwhile, Hydrogen’s increased offer is 0.461 new Hydrogen shares for each Imprint share, valuing each Imprint share at 97.8p. The terms of the increased offer values the entire existing issued and to be issued share capital of Imprint at approximately £42.9m.
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