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Canopius to formalise Omega offer after 30 September

27 September 2011

Long-term Omega bidder Canopius has revealed that its final due diligence should be complete by 30 September, with a formal offer following in short order.

In a stock exchange announcement today (27 September), Canopius reiterated its current indicative offer to acquire all of the issued and to-be issued share capital of Omega for 83p per share.

"Canopius would expect to make a formal offer very shortly after completion of due diligence," the statement said. "This would enable a shareholder vote...


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