IN BRIEF: Caretech gives two bidders more time to make firm offer

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Caretech Holdings PLC - Hertfordshire, England-based residential social care and education services - Gives its two suitors an extension on the put-up-or-shut-up deadine to June 27. DBAY Advisors Ltd and Sheikh Holdings Group (Investments) Ltd both have offered 750 pence per share. The price values values CareTech at £850.0 million. Farouq and Haroon Sheikh, the Sheikh brothers, founded CareTech in 1993, and are executive chair and chief executive officer, respectively.

Current stock price: 715.00 pence, up 0.7% on Monday in London

12-month change: up 23%

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