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IN BRIEF: Astorg pulls out of potential bid for Ideagen

19th May 2022 18:07

Ideagen PLC - Nottingham-based information management, safety, risk and compliance software provider - Potential bidder Astorg Asset Management Sarl confirms it will no longer make offer for Ideagen.

On Monday last week, Ideagen accepted a GBP1.06 billion takeover offer from London-based private equity firm Hg Pooled Management Ltd.

Current stock price: 345.00 pence

12-month change: up 29%

By Dayo Laniyan; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.

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