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An announcement from Team Internet Group ( (GB:TIG) ) is now available.
Team Internet Group PLC has received acquisition proposals from Verdane Fund Manager AB and previously from TowerBrook Capital Partners, with the latter withdrawing its interest. Verdane’s discussions with Team Internet are progressing, with a due diligence review underway, necessitating an extension of the deadline to announce a firm offer until March 4, 2025. There remains uncertainty if a firm offer will be made or under what terms, highlighting a strategic juncture for Team Internet and potential implications for stakeholders.
More about Team Internet Group
YTD Price Performance: 14.77%
Average Trading Volume: 744,539
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £264.3M
For an in-depth examination of TIG stock, go to TipRanks’ Stock Analysis page.
