The Channel logo

News

By | Team Register 12th December 2005 13:56

Computacenter MBO team says no new bid

No early Xmas pressies here

The leaders of an MBO bid for Computacenter have rejected reports they are considering raising their bid for the struggling reseller.

Sunday newspaper The Business reported yesterday that a group led by Computacenter’s founders Peter Ogden and Philip Hulme were preparing to raise their offer for the company to 270p to 275p per share, after their initial 255p bid was rejected by a committee of independent shareholders.

However, Reuters reports that a spokesman for the directors have denied they plan to raise their bid. The spokesmen said the two sides were still talking, but that “current business” makes it difficult to justify a bigger offer.

Computacenter has been forced to issue a string of profit warnings this year. Ogden and Hulme’s group also includes current senior executives from Computacenter.®

alert Send corrections

Opinion

Privacy image

Frank Jennings

Two working parties, ministers galore... but data transfer law remains in limbo
EMC_Unity_bezel

Chris Evans

It does simplify the hardware setup, whatever it is
A microscopic view of the biometric shark skin. Pic: James Weaver

Chris Mellor

Do something and stop faffing about in the bush league

Kat Hall

International system in general needs greater transparency

Features

Nerd fail photo via Shutterstock
Shouting match
Single market vs. rest of the world
hacker
Mostly it's financial crime. Here's what all the cool kids' terms mean in English
Apple logo. Pic: Blake Patterson
Plenty of bumps in the 40-year road for Mac makers