	mepc extends offer for oldham mepc plc mepc l said that its offer for oldham estates ltd would remain open until further notice on february mepc made an agreed bid for oldham based on a formula reflecting its asset value at september a year earlier oldham s net asset value was put at mln stg as of april the valuation used under the formula had still to be agreed so oldham had yet to give a firm recommendation to its shareholders regarding the value of the the offer reuter 
