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The latest announcement is out from Team Internet Group ( (GB:TIG) ).
Team Internet Group plc, a company in the technology sector, has confirmed receipt of acquisition proposals from both TowerBrook Capital Partners and Verdane Fund Manager AB, each offering 125 pence per share. The proposals follow previous rejections by the Board for undervaluation. Team Internet’s Board is considering these proposals amidst limited interaction with the offerors, with a decision deadline set for February 4, 2025. This development could significantly affect the company’s future operations and stakeholder interests, depending on the outcome of the deliberations.
More about Team Internet Group
YTD Price Performance: -4.14%
Average Trading Volume: 671,703
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £222.2M
Learn more about TIG stock on TipRanks’ Stock Analysis page.
