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Windward Shareholders Approve Acquisition by Octopus UK Bidco

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Windward Shareholders Approve Acquisition by Octopus UK Bidco

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The latest announcement is out from Windward Ltd. ( (GB:WNWD) ).

Windward Ltd. has announced that its shareholders have approved a cash acquisition by Octopus UK Bidco Limited, a subsidiary of FTV VIII, with 96.96% of votes in favor during an Extraordinary General Meeting. This acquisition is expected to complete in March 2025, pending the satisfaction of certain conditions. Additionally, Windward has applied for a tax ruling with the Israel Tax Authority to allow non-Israeli shareholders to avoid withholding tax on the merger consideration, with further announcements to follow.

More about Windward Ltd.

Average Trading Volume: 226,786

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £184M

Find detailed analytics on WNWD stock on TipRanks’ Stock Analysis page.

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