tiprankstipranks
Company Announcements

Team Internet Extends Deadline for Verdane’s Acquisition Offer

Story Highlights
Team Internet Extends Deadline for Verdane’s Acquisition Offer

Discover the Best Stocks and Maximize Your Portfolio:

Team Internet Group ( (GB:TIG) ) has provided an update.

Team Internet Group PLC, involved in the digital services sector, is currently engaged in discussions regarding a potential acquisition. The company has received interest from Verdane Fund Manager AB after TowerBrook Capital Partners withdrew its interest. The board has extended the deadline for Verdane to make a firm offer or withdraw its proposal until March 4, 2025, although there is no certainty that a final offer will be made.

More about Team Internet Group

YTD Price Performance: 14.77%

Average Trading Volume: 744,539

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £264.3M

Learn more about TIG stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1