Over 80% of Ultraframe shareholders accept £29.2m bid as Latium Holdings extends offer until Friday.
Plastics group Latium Holdings has extended its £29.2m offer for conservatory manufacturer Ultraframe until the end of this week.
Latium Holdings had 81% acceptances from Ultraframe shareholders at the end of last week, and has now extended its offer until Friday. The 30p a share offer has been recommended by the Ultraframe board.
Latium Holdings is an investment vehicle for the Latium Group, which specialises in home improvements including conservatory roofs and glass processing.