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Panmure still mulling offers

BROKER Panmure Gordon has again adjourned a meeting originally called to canvass shareholder approval for a stakebuilding proposal from private equity firm BlueGem, as it continues to mull over two rival offers.<br /><br />BlueGem had originally planned to buy a 40 per cent stake in the firm for 24p a share, until hedge fund SPQR Capital and another unknown bidder swooped in with sweetened offers.<br /><br />The trio submitted final revised proposals to Panmure last week.<br /><br />The meeting, which had already been put back from 8 May until yesterday, is now scheduled for 3 June.