IC GAS MAKES NO RECOMMENDATION ON TRACTEBEL OFFER
Imperial Continental Gas Association
<ICGS.L>, IC Gas, said its board is not making a recommendation
on the partial tender offfer at 710p per share announced by
<Tractebel SA> and <Groupe Bruxelles Lambert SA>.
At the same time, however, the board would not recommend a
general offer for all the shares at a price of 710p, the
statement added.
Shareholders wondering whether to tender either to the
Tractebel consortium or to the rival 700p per share partial
offer from <SHV Holdings NV> should consult professional
advisers.