Ferry could see takeover if firm's bid is successful

NEW owners are looking at taking over the Gosport Ferry.

Friday, 3rd March 2017, 5:55 am
Updated Friday, 24th March 2017, 10:53 am

A bid from a Guernsey-based company is reportedly being considered by shareholders, according to community newspaper The Gosport Globe.

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It said that the independent directors of FIH Group plc, which has owned Portsmouth Harbour Ferry Company since 2004, are unanimously recommending a cash offer of 300p per share from Staunton Holdings Limited.

FIH Group and Staunton are not making any statements to ensure they do not break stock market rules.