Dignity funeral services firm targeted in first UK takeover bid of the year
by Alex Lawson from on (#67FRF)
Consortium spearheaded by Direct Line founder, Sir Peter Wood, have swooped for company
A consortium spearheaded by Direct Line founder Sir Peter Wood has swooped for the funeral services company Dignity in the first UK takeover attempt of the year.
A subsidiary of Valderrama - a joint venture between Wood's investment firm SPWOne and investment house Castelnau Group - has made a possible offer for the London-listed company, whose board recommended the deal to shareholders.
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