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JTC Shareholders Back Permira and CPP Investments Takeover as Key Antitrust Hurdles Cleared

Story Highlights
  • JTC shareholders have overwhelmingly approved the cash takeover by Permira- and CPP-backed Papilio Bidco.
  • Key antitrust clearances in Austria, the US and Germany are secured, paving the way for completion in Q3 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
JTC Shareholders Back Permira and CPP Investments Takeover as Key Antitrust Hurdles Cleared

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The latest update is out from JTC PLC ( (GB:JTC) ).

Shareholders of JTC plc have overwhelmingly approved a recommended cash acquisition by Papilio Bidco Limited, a vehicle indirectly owned by funds advised by Permira Advisers and the Canada Pension Plan Investment Board, via a court-sanctioned scheme of arrangement under Jersey law. At both the Court Meeting and General Meeting held on 15 January 2026, more than 99.9% of votes cast backed the scheme and the necessary amendments to JTC’s articles, while key antitrust clearances have now been obtained in Austria, the United States and Germany, significantly de‑risking the transaction. With these shareholder approvals and competition conditions satisfied, the deal now hinges on remaining conditions including court sanction and registration of the court order, and the parties continue to work to an expected completion in the third quarter of 2026, marking a major step toward taking JTC private and potentially reshaping its ownership structure and strategic direction within the fiduciary and fund services sector.

The most recent analyst rating on (GB:JTC) stock is a Hold with a £1381.00 price target. To see the full list of analyst forecasts on JTC PLC stock, see the GB:JTC Stock Forecast page.

Spark’s Take on GB:JTC Stock

According to Spark, TipRanks’ AI Analyst, GB:JTC is a Neutral.

JTC PLC’s strong financial performance and strategic acquisitions are significant positives. However, the negative P/E ratio and bearish technical indicators weigh on the overall score. The acquisition by Permira-Advised Bidco provides a potential growth catalyst.

To see Spark’s full report on GB:JTC stock, click here.

More about JTC PLC

JTC plc is a Jersey-incorporated, London-listed provider of fund, corporate and private client services, operating in the global financial services and fiduciary administration industry for institutional and high-net-worth clients. The company focuses on cross-border administration, governance and regulatory support, positioning itself as a key infrastructure provider to alternative asset managers and international corporates.

Average Trading Volume: 2,017,365

Technical Sentiment Signal: Buy

Current Market Cap: £2.18B

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

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