23rd Aug 2018 13:16
LONDON (Alliance News) - Fidessa Group PLC said Thursday that Liontrust Investment Partners LLP has sold its entire stake in the software company after a transaction on Monday.
Prior to the transaction, Liontrust held a 5.2% stake in the company.
On Wednesday, the UK Competition & Markets Authority cleared the acquisition of Fidessa by ION Investment Group Ltd. Shareholders will receive 3,870.3 pence for each Fidessa share.
Shares in Fidessa were trading up 0.3% at 3,875.00 pence per share on Thursday.