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Amber EquityCo Expands Stake in Applus Services

Amber EquityCo Expands Stake in Applus Services

APPLUS SERVICES (ES:APPS) has released an update.

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Amber EquityCo, S.L.U. has announced the acquisition of 471 additional shares of Applus Services at a price of €12.78 each. This purchase increases their ownership to 71.86% of Applus’s share capital, as part of their efforts to take the company private. The takeover bid for delisting Applus was initially submitted on 19 July 2024.

For further insights into ES:APPS stock, check out TipRanks’ Stock Analysis page.

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