Clarkson Hill considers takeover approach

Scott Sinclair
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The Board of Clarkson Hill Group has received an approach regarding a possible offer for the Cambridge-based business.

It says there can be no certainty an acceptable offer will ultimately be made and plans to make a further announcement in due course. The company is currently in discussions with the FSA about its capital adequacy requirements after it emerged in July that directors Ron Pritchard and Mike Robinson had loaned the business £588,000. The loan followed a warning from the national IFA it may not be able to go forward as a going concern. It had been temporarily suspended from trading on AIM in early July after failing to submit its annual accounts. As at close of business on 6 October...

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