- On Monday Achilles Group announced they had received 72.69% acceptances, and the offer would be extended and remain open for acceptance until the next closing date on 19 February 2011. Achilles then announced on Wednesday the FSA and Lloyd's had both given approval in respect of the acquisition. On Thursday the offer was declared unconditional as to acceptances, after the number of acceptances required to fulfil the acceptance condition was reduced from 95% to 80%, and Achilles had received acceptances by that date of appproximately 81.23% of the share capital of BRIT.
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