The Mission Group (GB:TMG) has released an update.
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MISSION Group plc has acknowledged a revised takeover proposal from Brave Bison Group plc, which includes an all-share offer and a potential partial cash alternative contingent on due diligence outcomes. The offer tentatively values MISSION shares at approximately 35 pence each, with MISSION shareholders potentially owning about 50% of the merged entity. However, MISSION’s Board is currently evaluating this offer and there is no certainty that any offer will ultimately be made.
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