KEY POINTS:
No offer has yet been made for Sky City Entertainment Group, the company has told the sharemarket.
Sky City said today that it had asked parties doing due diligence to complete that activity within a reasonable timeframe in order to reduce the disruption inevitable with such processes.
"This has been acknowledged by those undertaking due diligence," Sky City said.
"The company confirms that any proposals received prior to the company's board meeting on 6/7 December will be considered at that meeting."
Sky City's comments come after an unconfirmed report yesterday that one of two potential bidders had withdrawn.
Sky City shares were unchanged at $4.90 in early trading today, having yesterday lost 30c, or 5.7 per cent, on $26.6m worth of shares.
The company first announced in September that a party was showing interest in buying all its shares, sending its shares up on the day as much as $1.23 at one point to $5.56, the year high for the stock.
Last month the company said it had received a "further credible expression of interest".
- NZPA
