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Jenzabar is considering a possible cash offer for Tribal Group at 111 pence per ordinary share and has called on the Tribal board to adjourn a general meeting set for 9:30 a.m. on 2 October 2026, Reuters said.
Jenzabar said it is considering a possible cash offer for the entire issued and to be issued share capital of Tribal Group at 111 pence per share. It said the offer would be funded from cash resources and debt facilities and/or third-party financing, and urged shareholders to vote against the proposed sale.