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Takeover parts 1 & 2


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So what a present he could get on his 82nd Brithday - 60 odd million pounds, makes my new socks and a tie look a bit sad really.

Come on Ellis give us the present we all want, you **** off

Is his birthday this tues or next tues? I really do think he'll sell up this time, could be his last chance.

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So what a present he could get on his 82nd Brithday - 60 odd million pounds, makes my new socks and a tie look a bit sad really.

Come on Ellis give us the present we all want, you **** off

he would only be recieving aroud 20-25 mil for his share in the club as the price of 64 mil is for the whole club. or that the impression i got

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Villa takeover deal 'could be sealed in early January'

Jan 2 2006

By Neil Connor

The consortium behind a £64 million bid for Aston Villa told the Stock Exchange yesterday that talks were "progressing" as normal.

The statement came after speculation that a deal could be completed early in the New Year.

Michael Neville, the Solihull-based businessman who is fronting the bid by Irish property developers Brian and Luke Comer, had said there was a "possibility" a deal could be finalised in early January.

The mergers and acquisitions specialist last night refused to comment on the announcement, which came as the consortium continued to inspect the books at Villa Park as part of the 'due diligence' stage of the bid. The statement - while suggesting there was "no certainty" that an offer for the club would be made - stressed that any possible takeover of Villa would aim to ensure the club prospered in the future.

It was posted by Aston Villa Investments Limited (Avil), the acquisition vehicle formed by the consortium.

The statement said: "Discussions are ongoing with Aston Villa Plc's advisors. Due diligence is progressing and Avil is focused on settling its financing arrangements.

"Avil also wishes to make it clear that it is committed to concluding a transaction on terms acceptable to the major shareholders of Aston Villa and to enable the club to prosper in the future.

"For the avoidance of doubt there can be no certainty that an offer will be made nor as to the terms on which an offer might be made nor as to the timing of any offer."

Brian Comer, aged 45, and Luke, aged 47, are understood to have met Villa chairman Doug Ellis.

Villa are seen as an attractive investment because of the club's lack of debt and abundant assets.

However, Ellis has been accused of refusing to relinquish power by sources close to previous takeover attempts. He rebuffed a £47 million offer from former Birmingham City player Ray Ranson, and is also understood to have rejected approaches from Russian and Venezuelan bidders.

Should we not hold our breath for tomorrow then?

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OFFEREE: Aston Villa Plc

5p ordinaryISIN GB0000632850 NSI: 11,449,245

OFFEROR: Consortium including Mr Michael Neville

Disclosure of dealings in this offeror is not required

Can anyone elaborate on this?

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When i've Googled companies in that Takeover Table, most have come up with a news article saying that the company has been taken over. I'm gonna stick my neck out and say that I think we can start the party. At the very least, there's been an offer made.

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When i've Googled companies in that Takeover Table, most have come up with a news article saying that the company has been taken over. I'm gonna stick my neck out and say that I think we can start the party. At the very least, there's been an offer made.

Which Takeover Table ????

Can you provide a link or paste it here (with source) ? The LSE is still showing trading in Villa shares, and states we're in a bid situation still.

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I think, what it is, given that there has been no announcement made that it's definitely happened, that an offer has been made for above a certain % of the stock, and that that has triggered the need to disclose.... which is good because it's clear from everything that Comer and Neville have said so far - that they're not looking to take a minority shareholding.

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