U.K. Takeover Panel issues deadline on TDG offers

U.K. Takeover Panel issues deadline on TDG offers The United Kingdom’s Takeover Panel has given the two suitors for logistics firm TDG a deadline of 5 p.m. June 20 to declare whether they intend to make a firm offer.
   Another British logistics firm, Wincanton, on April 14 made an indicative cash offer at a value of 281.25 pence per ordinary share (equivalent to '2.90 per ordinary share less a dividend) some 15 pence per share higher than an earlier indicative offer by Isle of Man-based investment group Laxey Partners Ltd.