BUZZ-Circle8 extends tender offer deadline, SThree shares rise
路透社2026/10/07 15:31October 7 – Shares of UK recruitment firm SThree (STEMS.L) rose by as much as 6.1% to 311.5 pence. On Wednesday, SThree announced that the UK Takeover Panel has extended the deadline for Circle8 Group (CIRC.O) to make a takeover bid for the company until October 21. Circle8 Group has submitted a revised acquisition proposal to SThree, raising the cash offer. SThree had previously rejected an unsolicited all-cash takeover offer from Circle8 in September. As of the previous trading day's close, SThree’s shares had risen 59.4% year-to-date. (For the convenience of non-English speakers, Reuters has automatically translated its reports into several other languages. As automated translations may contain inaccuracies or lack context, Reuters does not guarantee the accuracy of the automated translation and provides it solely for readers' convenience. Reuters assumes no responsibility for any damage or loss arising from the use of automated translation.)
October 7 - ** Shares of UK recruitment company SThree STEMS.L rose as much as 6.1% to 311.5 pence
** SThree said on Wednesday (link) that the UK Takeover Panel has extended the deadline for Circle8 Group CIRC.O to make a takeover offer for the company to October 21
** Circle8 Group submitted a revised acquisition proposal for SThree, raising the cash offer
** SThree had rejected (link) an unsolicited all-cash takeover bid from Circle8 in September
** As of the previous trading day's close, the stock had gained 59.4% so far this year
(To help non-English speakers, Reuters automatically translates its reports into several other languages. Since automated translation may contain errors or lack required context, Reuters does not guarantee the accuracy of the automated translation and provides it solely for readers’ convenience. Reuters assumes no responsibility for any damage or loss caused by the use of the automated translation feature.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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