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IN BRIEF: GB Group shares rise on possible cash takeover offer

6th Sep 2022 19:33

GB Group PLC - Chester, England-based identity data intelligence firm - Chicago-based private equity firm GTCR LLC confirms it is considering a possible cash offer for the company. "There can be no certainty that any firm offer will be made, nor as to the terms on which any firm offer might be made," GTCR says.

GTCR now has until October 4 to announce its intention to make a firm offer or announce it does not intend to make an offer, in accordance with UK takeover code.

Current stock price: 525.18 pence, up 10% on Tuesday in London

12-month change: down 44%

By Elizabeth Winter; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Gb Group
FTSE 100 Latest
Value8,474.74
Change-133.74