BayWa AG full offer for Turners & Growers

RNS Number : 8053Y

Guinness Peat Group PLC

07 March 2012

 



GUINNESS PEAT GROUP plc

("GPG" or "the Company")

ANNOUNCEMENT

BayWa AG full takeover offer for Turners & Growers unconditional

BayWa Aktiengesellschaft has advised Turners & Growers (T&G) and GPG that its takeover offer is now unconditional.

Rob Campbell, Chairman of GPG, commented that "all T&G shareholders have had the ability to participate in a fair offer and that the new majority owner will provide a strong base for the business going forward."

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: [phone]

7 March 2012

Enquiries:

Rob Campbell             Chairman                                   [phone]

Anthony Eisen           Chief Investment Officer              [phone]

 

END

 

 

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