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York-based CPP Buyout Deadline Extended

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2:33pm 24th April 2013

As talks continue to buy out York-based financial firm CPP, the deadline for a final decision has been extended.

In an announcement to shareholders the firm has said the deadline for major shareholder Hamish Ogston to make an offer has been extended until the 31st May.

He wants to offer a penny a share for CPP.

The announcement states that there is no binding commitment for Mr Ogsten to make an offer and that it is not certain if an offer will be made for the firm.

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