19 June, 2018 - 22 June, 2018
Itasca (IL), U.S.
11 July, 2018 - 13 July, 2018
Ho Chi Minh City, Vietnam
16 July, 2018 - 19 July, 2018
São Paulo, Brazil
17 July, 2018 - 19 July, 2018
21 July, 2018 - 23 July, 2018
Pittards PLC, the UK tanning and leather goods maker said September 27 that, following discussions with major shareholders, it has rejected an unsolicited cash offer.
In a statement the company said that the cash offer significantly undervalued its business, despite representing a premium to the market price. It didn't identify the bidder, nor provide any further details on the offer.
Shares in the leather production company were trading up 11% at 2.35 pence, after jumping as high as 2.75p following the news.
Pittards have tanning operations in the UK and Ethiopia and also own the leather goods brand, Daines & Hathaway.comments powered by Disqus