India, June 18 -- ME Group confirmed it is evaluating various strategic options to enhance shareholder value, which includes seeking potential offerors. As a consequence of the announcement, ME Group is now considered to be in an offer period.
The Group issued the statement in response to media speculation and share price movement. ME Group said there can be no certainty that any firm offer will be made. The Group is not in receipt of any offer proposals. A further announcement will be made as and when appropriate.
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