The deadline in a takeover bid for FTSE 100 payments firm Worldpay by the US's Vantiv has been extended.
A "put up or shut up" deadline where a firm offer had to be made or it walked away under UK rules expired today. But authorities have given the firms more time to hash out details of the £7.7bn bid.
"Positive discussions are continuing between Worldpay and Vantiv, but there can be no certainty that a firm offer will be forthcoming," Worldpay said in a regulatory update.
The firms have been handed an additional week.
According to recent reports, the two are in discussions over locating the merged company's international headquarters and about a potential secondary listing on the London Stock Exchange.