Breaking up is hard to do
The Hanson demerger rumbles on, with the first two units, Imperial Tobacco and Millennium Chemicals, now floating free.
But it must have been a nightmare process, which has finally got to the harassed people in Hanson’s secretarial department.
Unfortunately, the group’s announcement to the Stock Exchange concerning the posting of the demerger documents went somewhat awry, resulting in the following gobble-degook: “Please note that the earlier announcement consisted of a further announcement which should have been released separately, see new announcement below.”
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