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Learning Technologies ( (GB:LTG) ) has issued an update.
Learning Technologies Group plc has announced a recommended acquisition by Leopard UK Bidco Limited, a newly formed entity owned by funds managed by GASC APF, L.P. The acquisition will be executed through a court-sanctioned scheme of arrangement under the Companies Act 2006, with LTG shareholders expected to vote on the proposal in January 2025. The Independent Directors of LTG recommend shareholders to vote in favor of the scheme, although they remain neutral on alternative offers due to variable impacts.
More about Learning Technologies
YTD Price Performance: 23.11%
Average Trading Volume: 6,496,213
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £774.6M
For a thorough assessment of LTG stock, go to TipRanks’ Stock Analysis page.
