Wembley Stadium Builders in Takeover Talks

Reports are filtering through today that Multiplex, the Australian builder of the much-delayed Wembley Stadium complex have received a takeover approach.

Shares in Multiplex jumped more than 17% on the Australian stock market after it said it was due to start talks with a potential bidder.The as yet unamed interested party, has already held talks with Multiplex's largest shareholder, a trust headed by the company's founders, the Roberts family.

Three members of the Roberts family hold senior positions in Multiplex. Andrew Roberts is the chief executive, while Tim and Denby Roberts are both company executives.The firm was established, in Perth in 1962 by their father.

Multiplex have said that currently no firm proposal has been put forward to the Trust.

Wembley itself will be opening its gates to the public on Saturday 3rd March 2007 for a Community Day.This ticketed event will give local residents the opportunity to be the first to get the chance to see inside the new venue.