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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 41,006 shares of Applus Services, S.A. at a price of 12.78 euros each, increasing their ownership to 71.90% ahead of Applus’s planned delisting. This move is part of the takeover bid initially submitted on 19 July 2024, signaling a significant step towards the delisting process.

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

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