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Equals Group Shareholders Approve Cash Acquisition by Alakazam Holdings

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Equals Group Shareholders Approve Cash Acquisition by Alakazam Holdings

Confident Investing Starts Here:

Equals Group Plc ( (GB:EQLS) ) has provided an announcement.

Equals Group Plc, a provider of financial services, has announced that its shareholders have approved a recommended cash acquisition by Alakazam Holdings BidCo Limited, a company indirectly owned by a consortium including the TowerBrook Funds, J.C. Flowers Funds, and Railsr Shareholders. The acquisition, which will be executed through a court-sanctioned scheme of arrangement, has satisfied key shareholder resolutions, moving the transaction forward subject to remaining regulatory approvals.

More about Equals Group Plc

YTD Price Performance: 0.74%

Average Trading Volume: 1,714,744

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £258M

For a thorough assessment of EQLS stock, go to TipRanks’ Stock Analysis page.

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