Radius deferral

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The Independent Online
Radius deferral

RADIUS has said that its independent directors recommended the deferral of any action on the bid approach made yesterday to the group from Torex. The computer systems group had said that its non-executive directors would consider a pounds 21.7m bid launched on Monday by computer management group Torex . Radius is subject to a 55p a share offer from a buyout group, Sudiar, which includes Radius executive directors.

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