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IN BRIEF: Equiniti shares to be suspended from Friday amid takeover

Thu, 09th Dec 2021 06:59

Equiniti Group PLC - London-based financial administration outsourcer - Shares will be suspended from trading in London on Friday and are expected to be cancelled on Monday next week after the scheme for Equiniti's takeover by funds managed by Siris Capital Group LLC was approved the court on Wednesday. Back in May, Equiniti had agreed to be taken over by Siris in a deal worth GBP673 million.

Current stock price: 179.60 pence, versus 180p offer price

Year-to-date change: up 63%

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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