April 21 (Reuters) - Equipment rental company Aggreko's
2.3 billion pound($3.20 billion) takeover by private
equity firms is in doubt because its biggest shareholder
Liontrust Asset Management plans to oppose the deal, Sky News
reported https://bit.ly/2P8L8TA on Wednesday.
Liontrust Asset Management, which holds 12% stake in
Aggreko, has decided to vote against the deal, the report said.
The deadline for the investors to decide is due to expire on
Thursday, the report added.
Aggreko declined to comment. Liontrust said it had no
comment.
Last month, Aggreko recommended a 2.3 billion pound buyout
offer from private equity firms TDR Capital LLP and I Squared
Capital.
($1 = 0.7179 pounds)
(Reporting by Sabahatjahan Contractor and Pushkala Aripaka in
Bengaluru. Editing by Jane Merriman)
