CORRECTED - BRIEF-TDG says agrees Bidco offer at 250p/shr

Fri Jul 4, 2008 7:20am BST
 
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(Corrects headline to show offer is 250 pence a share, not 25 pence a share)

LONDON, July 4 (Reuters) - TDG PLC TDG.L: * Reached agreement on the terms of proposals (the "proposals") for the acquisition by bidco * Shareholders may elect to receive either 250 pence in cash for each TDG share

(the "cash offer") or 200 pence in cash plus 6.625 bidco shares for each TDG share * Cash offer values the entire existing issued ordinary share capital of TDG at approximately £203 million

(Editing by Erica Billingham)

 
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