Networkers International has secured the level of acceptances from MSB shareholders to make its £15m cash bid unconditional.

As at 24 November, it had obtained acceptances from shareholders holding 75.46% of MSB shares. It needed 75%.

Peter Flaherty, who held about 14% of MSB, did not accept. Acting through Keyman Personnel, he had bid 65p a share for MSB. Networkers bid 73p.

Networkers’ takeover of MSB will go ahead in the next few weeks, and MSB will be delisted from the London Stock Exchange on 27 December.