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The latest announcement is out from Equals Group Plc ( (GB:EQLS) ).
Equals Group Plc has announced a recommended cash acquisition by Alakazam Holdings BidCo Limited, a consortium comprising the TowerBrook Funds, J.C. Flowers Funds, and Railsr Shareholders. This acquisition will be conducted via a court-sanctioned scheme of arrangement under the Companies Act 2006. The Scheme Document, containing full details of the acquisition and instructions for shareholders, has been published and distributed, with meetings scheduled to finalize the process. The acquisition is expected to impact Equals’ listing on the AIM and requires shareholder approval and court sanctioning to proceed.
More about Equals Group Plc
YTD Price Performance: 12.19%
Average Trading Volume: 1,480,860
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £255.1M
For detailed information about EQLS stock, go to TipRanks’ Stock Analysis page.
