On 24th September Geoffrey Wilmot, the former chief executive of Centaur Media plc, said that he was in talks with financial backers about making a bid for the Centaur business. He had until 5.00pm on Tuesday 22nd October to clarify his intentions, by either announcing a firm intention to make an offer or that he does not intend to make an offer.
Since then, Wilmot has engaged with an extended number of finance providers and these discussions have progressed significantly.
However, a stock market statement issued today said, “It has become apparent that the Board of Centaur’s views on the value of the Company materially diverge from those of Mr Wilmot and his potential financing partners. Accordingly Mr. Wilmot confirms that he currently does not intend to make an offer for Centaur.”
Geoff Wilmot left Centaur in May this year.
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- Centaur Media plc – half year results for the six months ended 31 December 2012 Posted on February 22, 2013
- Centaur Media PLC – half year trading update Posted on January 11, 2013
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- Centaur Media acquires Profile Group Posted on February 21, 2012
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- Centaur Media plc to be restructured and to sell off some titles Posted on June 30, 2011
- Centaur Media PLC – Interim Management Statement Posted on May 12, 2011
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- Centaur Media has acquired for Taxbriefs £1.9 million Posted on June 2, 2010
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