Takeover Panel consents to delay in order to allow DGMT time to satisfy a number of preconditions
Lord Rothermere has agreed an extension until the end of September to the deadline to make an £810m bid to take the parent company of the Daily Mail private.
The Rothermere family, which controls a 30% stake in Daily Mail and General Trust, originally had until 9 August to make a so-called “put up or shut up” (PUSU) offer for the business, in a move that would end its 90-year run as a publicly listed company on the London Stock Exchange.
