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Carbon Acquisition Co offer for EcoSecurities unconditional

By BFN News | 07:50 AM | Monday 02 November, 2009


Carbon Acquisition Co - a wholly-owned indirect subsidiary of J.P. Morgan - said its £1.05 a share offer to acquire EcoSecurities Group has become wholly unconditional. Carbon Acquisition expects to complete the acquisition of EcoSecurities during December 2009. As of 30 October the level of acceptances of its offer to acquire the share capital of EcoSecurities, taken together with holdings of and purchases made by Carbon Acquisition Company concert parties, represents in excess of 80% of EcoSecurities' share capital.

Story provided by Business Financial Newswire


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