Nov 4 (Reuters) - PAS Group Ltd PGR.AX :
* Update on trading & discussions with potential bidders
* Refers to the unsolicited on-market cash takeover offer made on 22 September 2015 by Australia Brands Investment, Llc
* Board has initiated discussions with a number of parties with a view to ascertaining their interest in making a competing offer for PAS
* Says board continues to recommend that PAS shareholders reject ABI's offer
* Says at the time of this announcement, the board has not received any competing offers
* Source text for Eikon ID:nASX4HV1cd