GlobalData (GB:DATA) has released an update.
GlobalData Plc has announced its intent to acquire Business Trade Media International Limited for an enterprise value of £10 million, pending shareholder approval. Details of the transaction, which is deemed by the Independent Directors to be in the best interests of shareholders, are outlined in a circular now available on the company’s website. A general meeting is scheduled for August 21 to seek shareholder approval for the acquisition.
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