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Harworth Group's Board Reviews Peel Holdings' Unsolicited Takeover Offer

MT Newswires·08/06/2026 06:28:41
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06:28 AM EDT, 08/06/2026 (MT Newswires) -- Harworth Group (HWG.L) said Thursday its board is reviewing the unsolicited takeover proposal from UK infrastructure investor Peel Holdings Group. The investor, through Peel Pepper (UK), valued the London-listed property developer at 582.9 million pounds sterling, offering 1.725 pounds in cash for each Harworth share held. Peel Holdings unit Goodweather Holdings already owns a 29.96% stake in Harworth.