Stanley Gibbons was set to raise £40m in a share placing on September 25 to part-fund the deal, which would see them taking control of Baldwin's, Apex, Dreweatts and Bloomsbury, together specialists in coins, stamps, medals, books, fine art and other collecting disciplines.
Noble and Gibbons press ahead with offer
Noble Investments (NBL) have confirmed that their board have recommended acceptance of the proposed acquisition by Stanley Gibbons (SGI) in a cash and shares deal worth 255p a share, 192.5p of which will be paid in cash.