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Close Brothers confirms more approaches

Last updated: 06:12 14 Dec 2007 GMT, First published: 07:12 14 Dec 2007 GMT

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Investment banking and brokering group Close Brothers rose 10% after confirming that it had received additional preliminary approaches.

The Company was effectively put into play on November 7, 2007 when it received a joint 950 pence per share offer from Landsbanki and Cenkos Securities. Close Brothers has thus far refused to meet with Cenkos/Landsbanki, arguing that their offer undervalues the Company.



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