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IN BRIEF: Scapa Seeks Shareholder Approval For Purchase By AMS HoldCo

Mon, 22nd Feb 2021 17:25

Scapa Group PLC - Manchester-based medical devices and industrial adhesives - Seeks approval of 75% of shareholders for its takeover by AMS HoldCo 2 Ltd, a subsidiary of paper materials manufacturer Schweitzer-Mauduit International Inc. Under the offer, AMS Holdco will pay around GBP402.9 million for Scapa.

Current stock price: 221.00 pence

Year-to-date change: up 19%

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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