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It is rumoured that the offer was delayed because of growing unease at the Federal Deposit Insurance Corporation, a regulator, with Citi's management.Lloyds Banking Group repaid £2.3 billion ($3.8 billion) of the money it received from the British Treasury after raising funds through an open offer of shares.
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It also requires businesses with more than 50 full-time employees to offer health coverage, although this provision was delayed until 2015 to allow more time for compliance.
When we landed, my connecting flight was delayed, and he offered to let me stay at his home.
The Senate vote is expected on Wednesday, although several senators today offered an amendment, action on which was delayed, that would extend a dairy compact authorizing a system of milk price controls in New England.
The hearing was delayed.
That flight was delayed.
" 'I' was delayed".
The inspection was delayed.
Wednesday was delayed.
Then that was delayed.
SocGen expects any offer to be delayed until Brixton's results in August but said: "We estimate Segro could make a two-step bid, beginning with a share-swap offer (our scenario is 5-for-2 at 66p) plus a minimum £300m equity raising to pay down Brixton's debt of £480m maturing at the end of 2010".
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