The deadline for the last remaining constortium interested in Somerfield has been extended.
Last month the takeover panel ordered that the Apax Partners/Barclays Capital and Robert Tchenguiz consortium had until today (Friday, October 14) at 5pm to put in a bid for Somerfield.
However, just minutes before the deadline passed there was still no confirmed bid on the table and a stock exchange release announced that the deadline had been extended until further notice.