HANSON EXTENDS BEAZER OFFER
HANSON EXTENDS BEAZER OFFER LONDON, Nov. 18 /PRNewswire/ -- Hanson PLC (ADR - NYSE: HAN) today
announced that, as all the conditions have not yet been satisfied, the initial offer period of the offer by HB Acquisitions PLC, its wholly owned subsidiary, for all the ordinary share capital of Beazer PLC (including ordinary shares represented by American Depositary Shares) has been extended to 10 p.m. (London time), 5 p.m. (New York City time), on Tuesday, Nov. 26.
HB's offer for all issued preference share capital of Beazer has also been extended to that time and date. Details of acceptances of both offers will be announced by no later than 8:30 a.m. (London time) and 8:30 a.m. (New York City time) on Tuesday, Nov. 19. This announcement has been approved by N M Rothschild & Sons Limited, a member of the SFA, for the purposes of Section 57 of the Financial Services Act 1986. -0- 11/18/91 /CONTACT: Robert M. Brier of Hanson Industries, 212-826-0098/ (HAN) CO: Hanson PLC; Beazer PLC ST: IN: SU: TNM CK -- NY041 -- 1337 11/18/91 10:36 EST
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|Date:||Nov 18, 1991|
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