October 18, 2018 / 12:26 PM / a month ago

BRIEF-Stafford Capital Says Final Offer For Phaunos Timber Becomes Wholly Unconditional

Oct 18 (Reuters) - Phaunos Timber Fund Ltd:

* STAFFORD CAP. PTRNRS PHAUNOS TMBR FND LTD PHAUNOS TMBR FD-PTFA - STAFFORD FINAL OFFER - WHOLLY UNCONDITIONAL

* SATISFIED CONDITION RELATING TO OIO CLEARANCE RELATED TO FINAL ALL-CASH OFFER FOR PHAUNOS TIMBER FUND

* WAIVED ALL OTHER OUTSTANDING CONDITIONS RELATED TO FINAL OFFER FOR PHAUNOS TIMBER FUND

* AS AT OCT. 17, GOT ACCEPTANCES OF ABOUT 92.39 PERCENT SHARES OF PHAUNOS TIMBER FUND FOR DEAL Source text for Eikon: Further company coverage:

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