Chemring takeover deadline extended

Chemring has said US private equity firm Carlyle has been granted another extension to the 'put up or shut up' deadline to hammer out an offer for the defence equipment maker.

Chemring has said US private equity firm Carlyle has been granted another extension to the 'put up or shut up' deadline to hammer out an offer for the defence equipment maker.

The UK Takeover Panel has extended until November 9th the deadline for Carlyle to table a firm bid for Chemring or walk away. The deadline was to expire on Friday.

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