The Board of Omega has confirmed that it has approached Hardy with a merger proposal which may or may not lead to an offer by Omega for Hardy.
The approach was made following a period of consultation with a number of the larger Omega and Hardy shareholders. The making of any offer will be subject to satisfactory completion of a due diligence exercise and certain other matters.
The Board of Omega notes the announcement made by Hardy today and confirms its intention to continue the dialogue.
