The discussions announced on 8 August, with an unnamed bidder have been terminated by mutual agreement. The approach was unsolicited. Discussions had not progressed to the satisfaction of the Board due to regulatory approvals extending the process longer than indicated. Mindful of the need to deliver a strong finish to the year, the Board was not prepared to prolong discussions during a key trading period. QRT confirmed its confidence of delivering a strong finish to the year. Our recommendation ....
