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IN BRIEF: iEnergizer commences sales process after BPEA interest

Mon, 13th Jun 2022 18:07

iEnergizer Ltd - IT service management company - Launches formal sale process to review potential buyers of the company, following confirmation on Thursday last week that it was in early talks with BPEA Advisors Private Ltd for a potential takeover.

BPEA stands for Baring Private Equity Asia. BPEA Advisors will take part in the formal sale process, and is no longer required to make a firm offer for iEnergizer before July 7.

Current stock price: 412.50 pence, down 4.0% on Monday

12-month change: up 43%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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