After it rejected four offers from the investment group. : Access full content on the International Adviser site, access your saved articles, control email preferences and amend your account details Cinven offered to buy the company at 875p ($12.4, €10.1) per share. This is the fifth M&A bid Sanne has received from Cinven after it rejected the four submitted beforehand. The fund administrator’s board has now asked the takeover panel to extend the deadline by which Cinven must make a firm offer following talks.