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Alpha FMC extends takeover deadline as talks with Bridgepoint ongoing
(Sharecast News) - Alpha Financial Markets said on Wednesday that the 'put up or shut up' deadline for Bridgepoint to make an offer for the group has been extended as the two parties are still in talks.
"Discussions between Alpha FMC and Bridgepoint remain ongoing," it said in a brief statement.
As a result, the deadline by which Bridgepoint needs to either announce a firm intention to make an offer or walk away has been extended to 1700 BST on 20 June.
"A further announcement will be made when appropriate," the company said, adding that there can be no certainty that any firm offer will be made, nor as to the terms on which any firm offer might be made.
Latest AFM News
- Alpha Financial takeover by Bridgepoint sanctioned by High Court
15 Aug 2024 - UK shareholder meetings calendar - next 7 days
5 Aug 2024 - TOP NEWS: Alpha Financial accepts GBP626 million Bridgepoint offer
20 Jun 2024 - LONDON MARKET OPEN: FTSE 100 climbs before BoE takes centre-stage
20 Jun 2024 - LONDON BRIEFING: Sainsbury's sells core banking arm to NatWest
20 Jun 2024 - Alpha FMC to be taken over by Bridgepoint in £626m deal
20 Jun 2024 - LONDON MARKET MIDDAY: Stocks stay green as UK inflation back to target
19 Jun 2024 - TOP NEWS: Alpha Financial Markets minded to accept Bridgepoint offer
19 Jun 2024
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Alpha Financial takeover by Bridgepoint sanctioned by High Court
(Alliance News) - Alpha Financial Markets Consulting PLC on Thursday announced that the High Court of England and Wales has approved a takeover bid of...
TOP NEWS: Alpha Financial accepts GBP626 million Bridgepoint offer
(Alliance News) - Alpha Financial Markets Consulting PLC on Thursday agreed a GBP626 million bid approach from Bridgepoint Advisers Ltd.
AFM.L News
Alpha Financial takeover by Bridgepoint sanctioned by High Court
(Alliance News) - Alpha Financial Markets Consulting PLC on Thursday announced that the High Court of England and Wales has approved a takeover bid of...
TOP NEWS: Alpha Financial accepts GBP626 million Bridgepoint offer
(Alliance News) - Alpha Financial Markets Consulting PLC on Thursday agreed a GBP626 million bid approach from Bridgepoint Advisers Ltd.
LONDON MARKET OPEN: FTSE 100 climbs before BoE takes centre-stage
(Alliance News) - Stock prices in London largely opened higher on Thursday, in somewhat confident trade ahead of a Bank of England interest rate decis...
LONDON BRIEFING: Sainsbury's sells core banking arm to NatWest
(Alliance News) - London's FTSE 100 is set to trade higher in morning dealings, before focus on Thursday afternoon turns to an expected interest rate ...
Alpha FMC to be taken over by Bridgepoint in £626m deal
(Sharecast News) - Alpha Financial Markets Consultancy said on Thursday that it has agreed to be bought by private equity firm Bridgepoint for 505p pe...
LONDON MARKET MIDDAY: Stocks stay green as UK inflation back to target
(Alliance News) - Stock prices in London continued to trend higher at midday on Wednesday, after data confirmed the return of UK inflation to its targ...
TOP NEWS: Alpha Financial Markets minded to accept Bridgepoint offer
(Alliance News) - Alpha Financial Markets Consulting PLC on Wednesday confirmed it had received a bid proposal from Bridgepoint Advisers Ltd worth aro...
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