A clock face is seen outside of the London offices of the Daily Mail newspaper in London, Britain, April 28, 2018. REUTERS/Toby Melville/File PhotoLONDON, Dec 2 (Reuters) - The controlling shareholders of the Daily Mail publisher, the Rothermere family, increased the cash component of its offer to buy out other shareholders to 270 pence per share, representing a 5.9% rise on its original bid, they said. The Rothermeres agreed a deal to take Daily Mail and General Trust (DMGT) private last month after the sale of the group's insurance business, Risk Management Solutions, and a listing of online car seller Cazoo, which it partly owned. The increased offer was final and would not be increased, the family said on Thursday, adding that it had lowered the threshold for acceptances to 50%. read moreThe special dividend and a 2021 proposed final dividend are unchanged in the increased offer.

Source: Daily Mail December 02, 2021 09:56 UTC