Science in Sport to be Acquired by Einstein Bidco Limited

Science In Sport ( (GB:SIS) ) has provided an announcement.

Science in Sport PLC is set to be acquired by Einstein Bidco Limited, a company indirectly owned by funds advised by bd-capital Partners Limited, through a court-sanctioned scheme of arrangement. The acquisition involves a cash transaction for the entire share capital of Science in Sport, with certain shares initially intended for a different exchange now being transferred for cash due to ownership complexities. This acquisition is expected to streamline operations and potentially enhance the company’s market position, although it requires adjustments in share transfer agreements to align with the new ownership structure.

Spark’s Take on GB:SIS Stock

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

Science In Sport faces considerable financial challenges with losses and declining revenue, which weigh heavily on the score. However, technical analysis shows strong momentum, and the acquisition by Einstein Bidco Limited offers a strategic improvement. The unattractive valuation due to negative earnings is a concern, but the acquisition brings optimism for future growth.

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

More about Science In Sport

Science in Sport PLC operates in the sports nutrition industry, focusing on providing high-quality nutritional products for athletes and fitness enthusiasts. The company is known for its range of energy gels, protein powders, and hydration products, catering to both professional athletes and amateur sports enthusiasts.

Average Trading Volume: 566,895

Technical Sentiment Signal: Hold

Current Market Cap: £77.13M

For an in-depth examination of SIS stock, go to TipRanks’ Stock Analysis page.