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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 announced the acquisition of an additional 2,236 shares of Applus Services, S.A. at 12.78 euros each, increasing its stake to 71.86% of Applus’s share capital. This move is part of a takeover bid for the delisting of Applus, indicating Amber EquityCo’s strategy to consolidate ownership.

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

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