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LONDON - Regent Acquisitions 2025 Limited announced Thursday it has secured an extension of the long stop date for its cash offer to acquire Inspired PLC to December 26, 2025, with approval from the Panel on Takeovers and Mergers.
The extension aligns Regent’s deadline with that of a competing offer for Inspired made by Intrepid Bidco Limited on July 11, 2025.
Regent initially announced its all-cash offer on April 22, 2025, to acquire all issued and to be issued shares of Inspired not already held by members of the Regent Group. The offer document containing full terms was published on May 7, 2025, with an original long stop date of July 23, 2025.
According to the revised timetable, the unconditional date for the offer has been moved to September 9, 2025, following a Takeover Panel announcement on July 2. The latest time for accepting the offer is 1:00 pm on the revised unconditional date, with settlement of cash consideration to occur within 14 days after that date.
All other terms of the offer remain unchanged, according to the company’s statement.
The announcement follows the publication of Regent’s offer document, which remains available on the company’s website. The extension provides additional time for the acquisition process to complete amid the competitive bidding situation for Inspired PLC.
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