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AdEPT Technology sets March vote on takeover by Macquarie's Wavenet

Wed, 22nd Feb 2023 14:24

(Alliance News) - AdEPT Technology Group PLC on Wednesday announced that the court hearing and the general meeting regarding its recommended takeover by Thetis Bidco Ltd will take place on March 17.

The Kent, England-based managed services and telecoms provider two weeks ago announced the agreed GBP50.3 million takeover by Thetis, a member of the Wavenet Group and a subsidiary of MPRC Europe Ltd, itself part of Macquarie Group Ltd.

AdEPT shares were 0.2% higher at 194.31 pence each in London on Wednesday afternoon.

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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