Takeover interest boosts CNG

SHARES in CNG rose by more than a quarter yesterday after the travel company said it received two further takeover approaches.

Takeover interest boosts CNG
Fri, 01 Jun, 2007 - 01:00
Ian Guider

The company, which is listed on London’s Alternative Investment Market (AIM), last week accepted an offer from chief executive PJ King to take it private.

His vehicle, Corporate Travel Holdings (CTH) offered 14.5 pence (22.1 cents) a share offer for the company.

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CourtsPlace: LondonPlace: USPerson: PJ KingPerson: MRPerson: KingPerson: Barry LibenPerson: Michael Smurfit JuniorOrganisation: CNGOrganisation: ’s Alternative Investment MarketOrganisation: AIMOrganisation: Corporate Travel HoldingsOrganisation: CTHOrganisation: Tzell
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