Foresight Sustainable Forestry Company PLC GBP (GB:FSF) has released an update.
Foresight Sustainable Forestry Company PLC (FSFC) is set to be acquired by Arizona Bidco Limited, a subsidiary of Averon Park Limited, for approximately £167 million. Shareholders are offered a cash option of 97 pence per share, representing a significant premium over recent average share prices and the closing price prior to the offer announcement. Additionally, an alternative option allows shareholders to receive unlisted B ordinary shares in Bidco instead of cash, subject to certain conditions.
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