GUINNESS PEAT GROUP plc
("GPG" or "the Company")
BayWa AG full takeover offer for Turners & Growers unconditional
BayWa Aktiengesellschaft has advised Turners & Growers (T&G) and GPG that its takeover offer is now unconditional.
Rob Campbell, Chairman of GPG, commented that "all T&G shareholders have had the ability to participate in a fair offer and that the new majority owner will provide a strong base for the business going forward."
Guinness Peat Group plc
Tel: +44 20 7484 3370
7 March 2012
Rob Campbell Chairman +64 21 0201 9192
Anthony Eisen Chief Investment Officer +61 (2) 8298 4314