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An announcement from Learning Technologies ( (GB:LTG) ) is now available.
Learning Technologies Group plc (LTG) has announced that it is set to be acquired by Leopard UK Bidco Limited, a company managed by funds from GASC APF, L.P. and Atlantic Park, through a scheme of arrangement. The Independent LTG Directors have deemed the cash offer at 100 pence per share to be fair and reasonable, recommending shareholders to vote in favor of the scheme. While the directors are unable to provide a recommendation on the alternative offers, they advise shareholders to seek independent financial advice before making a decision. The acquisition, subject to certain legal conditions, is set to be discussed in upcoming meetings on February 6, 2025.
More about Learning Technologies
Learning Technologies Group plc (LTG) is a prominent company in the workplace digital training and talent development market. It provides comprehensive learning and talent solutions, including strategic consultancy, content and platform solutions, and analytical insights for businesses and government clients. LTG is headquartered in London with offices across Europe, North America, South America, and Asia-Pacific, and its shares are traded on AIM of the London Stock Exchange.
YTD Price Performance: -8.78%
Average Trading Volume: 9,254,932
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £732.9M
See more data about LTG stock on TipRanks’ Stock Analysis page.