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Expro takeover faces fresh delay

The fiercely-contested takeover battle for UK oilfield services company Expro International is set to last until at least the end of the week after a High Court hearing to clear a deal was adjourned for a second time today.

Mr. Justice Launcelot Henderson, who is being asked to approve the takeover of Expro by a consortium led by UK buyout firm Candover, adjourned the case until 10.30 GMT tomorrow in order to allow lawyers for all sides in the case, to file evidence before the hearing can start.

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