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IN BRIEF: Signature Aviation takeover completes, shares to be delisted

Tue, 01st Jun 2021 21:17

Signature Aviation PLC - aviation services company headquartered in London - Takeover scheme becomes effective and shares to be cancelled effective Wednesday. The USD4.73 billion takeover offer was agreed back in February. Brown Bidco, the buyer, is a newly formed company indirectly owned by Blackstone Infrastructure, Blackstone Core Equity, Global Infrastructure Partners and Cascade Investment LLC.

Current stock price: 396.00 pence, suspended

Year-to-date change: 2.3p

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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