Chaucer chairman Martin Gilbert has written to shareholders telling them that they will receive a detailed circular on the proposed takeover by The Hanover in the week beginning 16 May.
According to the letter, the circular "gives details of the acquisition and the scheme of arrangement by which the acquisition is being implemented and notice of the court meeting and Chaucer general meeting which are required to be held as part of the scheme".
Gilbert also reiterated that it had...
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