IN BRIEF: SThree extends Circle8 deadline after "improved" proposal

SThree PLC - London-based science, technology, engineering and mathematics-focused staffing company - Says Circle8 has made a revised proposal regarding an improved all-cash offer. SThree previously, in September, "unanimously and unequivocally rejected" a takeover proposal from its Englewood Cliffs, New Jersey-based fellow staffing firm. Consequently, Circle8 has been granted a 14-day extension of the put-up-or-shut-up deadline. The original deadline was 1700 BST on Wednesday; Circle8 now has until the same time on October 21 to either announce a firm intention to make an offer for SThree, or to announce that it does not intend to make an offer.

Current stock price: 299.42 pence, up 2.0% in London on Wednesday

12-month change: up 85%

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