4th Nov 2019 18:21
(Alliance News) - Merlin Entertainments PLC on Monday said it has requested to temporarily suspend its shares from trading on London's AIM.
In September, Merlin Entertainments shareholders approved the deal for Motion to acquire the FTSE 250 Legoland operator for 445 pence per share, valuing the company's equity at GBP4.77 billion and giving an enterprise value of GBP5.91 billion.
Merlin expects the scheme to become effective on Tuesday, and its shares to be cancelled the day after.
By Evelina Grecenko; [email protected]
Copyright 2019 Alliance News Limited. All Rights Reserved.