The takeover is being carried out through Yeung’s company Grandtop International Holdings Ltd, which said it would now exercise its right to buy out the remaining shareholders, as it had passed the 90 per cent acceptance threshold.
Submitted by Kevin McCullagh on Wed, 07/10/2009 - 06:58
English Premier League club Birmingham City is to come under the control of Hong Kong business man Carson Yeung, after he got 94 per cent acceptances from shareholders for his £81.5 million takeover offer.
