Romanov Deal Will Take More Time but Robinson Still Set to Leave Board

The Scotsman › December 10, 2004

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Summary

VLADIMIR Romanov's bid to buy Chris Robinson's shareholding in Hearts is still on course and the deal's likely completion early in the new year will bring to an end Robinson's ten-year reign as a director at Tynecastle.

As expected, an announcement to the Stock Exchange confirmed the transaction between the Lithuanian businessman and the Hearts chief executive had not been completed before yesterday's initial deadline.

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Extract

Romanov Deal Will Take More Time but Robinson Still Set to Leave Board

Romanov was keen to stress there was "nothing sinister" about the delay and both parties expressed confidence business would be done ahead of the new deadline. The conditions of the de...

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