Sept 18 (Reuters) - Consolidated Operations Group Ltd COG.AX :
* CONFIRMS THAT IT HAS MADE AN $82 MILLION CASH OFFER TO TGA FOR THORN BUSINESS FINANCE (TBF) DIVISION
* THORN GROUP HAS NOT ACCEPTED COG OFFER
* REMAINS OPEN TO FURTHER DISCUSSIONS WITH TGA SHOULD TGA WISH TO PURSUE THIS TRANSACTION