10th Aug 2015 16:13
LONDON (Alliance News) - The Financial Conduct Authority Monday said it has temporarily suspended Anite PLC's shares from trading pending an announcement.
The suspension relates to the proposed acquisition of Anite by Keysight Technologies Netherlands BV, which will see Keysight pay 126.0 pence per Anite share, valuing the company at GBP388 million.
"The de-listing of Anite shares from the official list and the cancellation of trading of Anite shares on the London Stock Exchange have been applied for and are expected to take effect by 8.00am on the dealing day following the effective date," said the company in its own statement Monday.
By Joshua Warner; [email protected]; @JoshAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Ashoka India Equity Investment Trust Plc