tiprankstipranks
Eckoh Shareholders Approve Acquisition by Bridgepoint’s Bidco
Company Announcements

Eckoh Shareholders Approve Acquisition by Bridgepoint’s Bidco

Story Highlights

Stay Ahead of the Market:

Eckoh plc ( (GB:ECK) ) just unveiled an update.

Eckoh plc has announced that the Scheme of Arrangement for its acquisition by Eagle UK Bidco Limited, a subsidiary of Bridgepoint Advisers II Limited, has been approved by shareholders. The acquisition, structured as a cash offer, is expected to be finalized on or around January 20, 2025, pending court sanction. The financing for the acquisition is secured through a Senior Facilities Agreement, replacing the interim facilities, indicating robust financial backing for the transaction.

More about Eckoh plc

Eckoh plc is a company operating in the payment and customer contact sectors, offering secure payment solutions and customer engagement services. The company focuses on providing technology-driven solutions to enhance customer service and secure sensitive data transactions.

YTD Price Performance: 0.75%

Average Trading Volume: 3,479,111

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £155.5M

Learn more about ECK stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles