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Harworth Group's Board Reviews Sweetened Takeover Bid by Peel Holdings

MT Newswires·09/16/2026 05:02:44
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05:02 AM EDT, 09/16/2026 (MT Newswires) -- Harworth Group (HWG.L) said Wednesday its board is evaluating Peel Holdings Group's increased takeover offer for the London-listed property developer. Earlier the same day, Peel Pepper (UK), owned by Peel Holdings, announced an increase to the cash consideration of its takeover offer to 1.775 pounds sterling per share from its previous per-share bid of 1.725 pounds. Harworth advised shareholders not to take any action in response to the sweetened bid in the meantime.