Source - SMW
Jaguar Holdings and Journey Group have confirmed they are in talks over a possible offer by Jaguar for Journey. 

Jaguar Holdings is a private limited company formed at the direction of Harwood Capital LLP, on behalf of the Harwood funds and designated for use in making the possible offer.

The possible offer price under consideration is 240 pence in cash per Journey share. There is no intention for Jaguar Holdings to make an unlisted share alternative available as part of the possible offer.