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 Vickers PLC, a British aerospace, defense and automotive conglomerate, said 
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it reached an agreed cash bid of #108.2 million 
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($173.3 million) 
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restatement-e

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for Ross Catherall Group PLC, a maker of specialty alloy and ceramics.
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 The company said 
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it expects to receive acceptances for its offer of 253 pence 
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($4.05) 
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restatement-e

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per share 
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representing at least 67% of Ross Catherall's issued share capital, or 12.7 million ordinary shares.
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elaboration-additional-e

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 Vickers said 
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its offer also includes an option 
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to receive a redeemable loan note in lieu of cash.
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elaboration-object-attribute-e

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 The notes can be redeemed 
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starting in July 1991.
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temporal-after

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 The company said 
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its acquisition of Ross Catherall will be covered largely by cash 
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raised in its July disposal of Howson-Algraphy for #241.7 million.
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elaboration-object-attribute-e

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circumstance

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elaboration-additional

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evaluation-s

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