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Facing stiff resistance, Infinis ups takeover bid for Novera Infinis owner Guy Hands, pictured in his London eyrie. Photograph: Terra Firma

Facing stiff resistance, Infinis ups takeover bid for Novera

Infinis’ hostile takeover bid for Novera has taken a fresh twist, with Infinis having managed to acquire another 3.9% of Novera after raising its offer from £0.63 ($1.05) to £0.75 per share. Novera's board insists the offer is still inadequate.

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Karl-Erik Stromsta

Published: Wednesday, November 25 2009

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