Edition:
United Kingdom

Stafford Capital Partners Raises Offer For Phaunos Timber Fund To $259.1 Mln


Friday, 14 Sep 2018 

Sept 14 (Reuters) - Stafford Capital Partners Ltd ::STAFFORD CAP. PTRNRS PHAUNOS TMBR FND LTD PHAUNOS TMBR FD-OFFER UPDATE: STAFFORD FINAL ALL-CASH OFFER.INCREASED AND FINAL ALL-CASH OFFER FOR PHAUNOS TIMBER FUND BY MAHOGANY BIDCO, CONTROLLED BY STAFFORD CAPITAL PARTNERS.UNDER TERMS OF OFFER, PHAUNOS WILL RECEIVE $0.52 IN CASH FOR EACH PHAUNOS SHARE, VALUING PHAUNOS'S ENTIRE AT US$259.1 MILLION. 

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