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IN BRIEF: Planned takeover of Dignity clears UK FCA control condition

Thu, 06th Apr 2023 13:57

Dignity PLC - West Midlands, England-based funeral plan and end of life service provider - Says its planned takeover has satisfied the UK Financial Conduct Authority change in control condition. This follows its proposed takeover timetable being suspended in late March as this condition had not yet been satisfied. The proposed acquisition is by a consortium comprising SPWOne V Ltd, Castelnau Group Ltd and Phoenix Asset Management Partners Ltd, as announced in mid-February.

Current stock price: 530.00 pence, up 1.5%

12-month change: up 5.6%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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