Apex is in advanced discussions with the board of Sanne regarding a possible offer to be made by Apex for the entire issued, and to be issued, share capital of the company at a price of 920 pence per Sanne share, in cash. Apex says that it is well advanced in its due diligence review and is working closely with Sanne to complete the review as quickly as possible. Earlier this year Sanne announced a possible offer from Cinven, a UK-based private equity company.
