tiprankstipranks
Amber EquityCo Increases Stake in Applus Services
Company Announcements

Amber EquityCo Increases Stake in Applus Services

APPLUS SERVICES (ES:APPS) has released an update.

Invest with Confidence:

Amber EquityCo, S.L.U. has announced the acquisition of an additional 41,006 shares of Applus Services, S.A. at a price of 12.78 euros each, increasing their ownership to 71.90% ahead of Applus’s planned delisting. This move is part of the takeover bid initially submitted on 19 July 2024, signaling a significant step towards the delisting process.

For further insights into ES:APPS stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App