Oct 10 (Reuters) - STM Group PLC:
* OFFER BY JAMBO SRC LIMITED
* RECOMMENDED ACQUISITION FOR STM GROUP PLC
* PROPOSED DEAL FOR 60 PENCE PER SHARE IN CASH
* REACHED AGREEMENT ON RECOMMENDED OFFER PURSUANT TO WHICH JAMBO SRC WILL BUY STM
* AGREEMENT TO SELL SIPPS COMPANIES TO PATHLINES HOLDINGS LIMITED FOR A TOTAL CASH CONSIDERATION OF £4.5 MILLION
* CASH CONSIDERATION VALUES STM AT APPROXIMATELY £35.6 MILLION Source text for Eikon: Further company coverage: