StockMarketWire.com - Commodity trading software group Brady said it had received a takeover approach to rival that of Hanover's £8.3m offer, but stressed the new talks were at an early stage.

The company also said that Hanover had extended its offer until 3.00 p.m. on 29 November 2019 from 15 November as it had acquired just 1.37% of its shares, well short of the required 50% to close the deal.

On 14 October 2019, Brady accepted Hanover's 10p a share offer for the company.

At 9:58am: [LON:BRY] Brady PLC share price was +5p at 17p

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