Globe Invest makes cash offer to takeover Best of the Best Plc at 535 pence/share
LONDON, UK: Globe Invest Limited (GIL), a company owned by billionaire Teddy Sagi, has announced that it has made a recommended cash offer to acquire the online competition company Best of the Best plc (BOTB), in which it already holds a 29.9 per cent stake. The offer values BOTB at approximately £45.3 million, and offers…