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Alpha FMC Shareholders Approve Acquisition
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Alpha FMC Shareholders Approve Acquisition

Alpha Financial Markets Consulting PLC (GB:AFM) has released an update.

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Alpha Financial Markets Consulting PLC (Alpha FMC) has announced the approval of a recommended cash acquisition by Actium Bidco (UK) Limited, an indirect subsidiary of Bridgepoint Advisers Limited, with shareholders voting in favor of the arrangement. The acquisition, which will be implemented via a court-sanctioned scheme of arrangement, is expected to be finalized around 19 August 2024, pending remaining conditions and court approval. This marks a significant step in the consolidation of Alpha FMC’s share capital under the management of Actium Bidco.

For further insights into GB:AFM stock, check out TipRanks’ Stock Analysis page.

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