Calisen PLC - Manchester-based provider of smart energy meters - Calisen shares are suspended from trading in London on Friday ahead of their de-listing, expected on Monday, as the FTSE 250 company's GBP1.43 billion takeover by a consortium including funds managed by BlackRock becomes effective. Coyote Bidco Ltd, which is advised by Goldman Sachs, is the takeover vehicle of Global Energy & Power Infrastructure Fund III and a series of West Street funds. It says the scheme of arrangement has become effective and as result Calisen board directors have resigned.
By Tom Waite; thomaslwaite@alliancenews.com
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