Toy company family in £3m take private bid
AN agreement has been reached for Blackpool-based toy company Casdon to
delist from the AIM in the £3m deal.
Chairman Paul Cassidy and his family, who currently own 51% of Casdon is offering to by the shares of other stakeholders at 55p per share.
Funding support for the move has been provided by The Royal Bank of Scotland's Corporate Transactions team through a revolving credit facilty and directly from Cassidy.
Stanley Wilson, the independent director of Casdon, said: "Paul Cassidy, his wi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...