Wednesday, August 27, 2008

Qualceram confirms end of takeover.


Irish bathroom suite maker Qualceram shires has ended talks that could have led to a takeover of the company. Qualceram confirmed in March that it had received an approach by an unnamed third part, expressing a interest in Qualceram's business. In a statement today, Qualceram said it had been in discussions with "a number of potentially interested parties" for the company since the initial approach came to light, but regarding an offer for the entire share capital of the Company. However, the company has put an end to any negotiations with potential buyers.

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