Harworth board ‘unanimous’ in Peel takeover rejection

Harworth has again told shareholders to take no action over Peel Holdings' £583m takeover bid, with its board insisting the offer "fundamentally undervalues" the land regeneration group's prospects.

The board said it is reviewing Peel's newly published offer document with its advisers and will, by 9 September, set out in full why it remains "unanimous and unequivocal" in rejecting the bid.

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