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Amber EquityCo Increases Stake in Applus Services

Amber EquityCo Increases Stake in Applus Services

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

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Amber EquityCo, S.L.U. has reported the acquisition of 5,541 shares of Applus Services at a price of 12.78 euros each, increasing their ownership to 71.85% of Applus’s share capital. This move is part of the takeover bid for the delisting of Applus Services, with the intention of privatization.

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

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