4th Jan 2023 10:48
Homeserve PLC - Walsall, England-based home emergency repairs provider - Confirms the completion of takeover by Brookfield Infrastructure Partners LP. Says the entire issued and to be issued share capital of Homeserve is now owned by Hestia Bidco Ltd, an indirect subsidiary of funds advised or managed by affiliates of Brookfield.
Additionally, Homeserve says its shares have been suspended, the Financial Conduct Authority announces.
Back in May, the company said it had reached an agreement for a GBP4.08 billion takeover by Bidco. Brookfield offered 1,200p per share in cash for each Homeserve share.
Current stock price: Shares were last traded at 1,1197.94 pence each.
12-month change: up 35%
By Xindi Wei, Alliance News reporter
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