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IN BRIEF: Equals Group receives improved offer from consortium

10th Jul 2024 20:20

Equals Group PLC - London-based payment platform developer - Receives improved indicative non-binding proposal from the consortium comprising Embedded Finance Ltd and TowerBrook Capital Partners (UK) LLP regarding a possible all-cash offer at 135 pence per share. The improved proposal is subject to due diligence. First proposal was received in March, terms were not disclosed. The consortium has until August 7 to submit a firm proposal.

Current stock price: 115.75 pence

12-month change: up 17%

By Jeremy Cutler, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights reserved.

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