Goodweather announces increased £631.7 million best-and-final offer for Harworth Group

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Goodweather announces increased £631.7 million best-and-final offer for Harworth Group

merger_acquisitionannounced2026-09-25 06:54:12 UTCimp 0.84HWG.L +0.65

On 25 September 2026, Goodweather Holdings announced a recommended increased best-and-final cash offer for Harworth Group at 187 pence per share, valuing Harworth’s issued and to-be-issued share capital at approximately £631.70 million. Goodweather agreed to purchase 72,080,449 Harworth shares, with settlement expected on 29 September 2026.

Surprise 0.66Confidence 0.98
Rationale

This is a concrete, forward-looking takeover development supported directly by the Reuters-sourced announcement: Goodweather Holdings announced a recommended increased best-and-final cash offer for Harworth Group at 187 pence per share, valuing Harworth at £631.70 million, and agreed to purchase 72,080,449 shares. The development occurred when the revised offer was announced on 25 September 2026; 29 September is the expected settlement date and therefore should not be used as the occurrence timestamp. The offer is material for Harworth and its shareholders, while the other listed companies in the context have only speculative or indirect read-throughs and are not approved stakeholders. The development is a new milestone within the existing Harworth takeover storyline, not a duplicate of the earlier offer or rejection.

EventsPeel Pepper Cash Offer for Harworth Group
Evidence
Goodweather Holdings Announces Final Offer Valuing Harworth At £631.70 Million
reuters2026-09-25 06:21:31 UTCOpen source
- GOODWEATHER HOLDINGS HARWORTH GROUP PLC - RECOMMENDED INCREASED BEST AND FINAL OFFER
- GOODWEATHER HOLDINGS - BIDCO AGREES TO PURCHASE 72,080,449 HARWORTH SHARES AT 187 PENCE, SETTLEMENT EXPECTED 29 SEPT
- GOODWEATHER HOLDINGS - FINAL OFFER VALUES HARWORTH AT £631.70 MILLION