Bid compromise
8th February 1990, Page 24
8th February 1990
Page 24
Page 24, 8th February 1990
— Bid compromise
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• Tiphook and Stena have called off their long-running hostile bid for Sea Containers after it agreed to sell them assets valued at more than 21 billion. Tiphook and Stena will take over several ferry, port and container businesses in return for buying Sea Container shares for 10 years.