Harworth holds firm as it rejects increased cash offer from Peel

Summary

Property group, Harworth, has today rejected an increased bid put forward by its largest shareholder, Peel.

Earlier this week, Peel added £17m to its takeover bid for the Rotherham-headquartered group, an offer which remained £365m adrift of Harworth's own valuation which approaches £1bn.

Manchester-headquartered Peel's new offer of 177.5p per share is a 5p increase on its first offer tabled last month and now values the group at £599.8m.

This is a summary written for the Liverpool Business Services catalogue. The full article belongs to TheBusinessDesk North West; read it at source.

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It was published by TheBusinessDesk North West on 18 September 2026.

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