Indigo Capital is believed to be preparing a £240m bid for Regus.
The Takeover Panel yesterday forced the New York-based venture capital group to issue a statement clarifying its intentions.
It said it was interested in exploring a wide range of strategic, commercial and financing alternatives with the board of Regus, one of which may include a recommended takeover. Alchemy has refused to exclude making a counter-offer but it said there were no ongoing discussions. Reguss shares rose 3.25p to 23.75p.
Financial Times 08/01/03 page 21, page 22 (Lombard)
The Guardian 08/01/03 page 21 (Market forces)
The Times 08/01/03 page 19, page 20 (Need to know)
The Daily Telegraph 08/01/03 page 33 (The Market)
The Independent 08/01/03 page 17, page 20 (Market Movers)
