UK - Extra time called in 3i's Countrywide bid

A vote which would have decided the fate of 3i's mooted ТЃ966m take-private offer for Countrywide was postponed yesterday. Sources reported that an unofficial vote saw less than the required 75% of shareholders accepting the offer and consequently the vote was delayed. It is hoped the fortnight's grace will give the board and buyout group extra time to convince shareholders of the fairness of the offer.