Jurys accepts bid in part

THE battle for control of Jurys Doyle moved up a notch last night when the company’s board said it would sell to Precinct on the basis of a 50.1% acceptance of the offer by shareholders.

However the statement implied that Precinct may still have to live with a 30% minority stake in the business being held by the Doyle and Beatty families.

Last night the takeover panel announced a three-week extension to allow Precinct make a full bid for the hotel chain.