Equals Group Plc (GB:EQLS) has released an update.
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Equals Group Plc has received an improved proposal from a consortium including Embedded Finance Limited, TowerBrook Capital Partners, and JC Flowers for a potential all-cash offer of 135 pence per share, plus a special dividend. The company announced that due diligence is complete, and the deadline for a firm offer decision has been extended to November 20, 2024. The outcome remains uncertain as the consortium reserves the right to make an offer on different terms.
For further insights into GB:EQLS stock, check out TipRanks’ Stock Analysis page.
