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An announcement from Windward Ltd. ( (GB:WNWD) ) is now available.
Windward Ltd. has announced an update regarding its acquisition by Octopus UK Bidco Limited, which is controlled by FTV VIII, L.P. The company has secured a withholding tax ruling from the Israel Tax Authority, allowing certain non-Israeli shareholders to receive their merger consideration without Israeli tax deductions, provided they meet specific criteria. Windward has also established a Tax Portal to streamline the process for shareholders to submit necessary documentation. The acquisition’s completion has been delayed, with new key dates set for March 18 and April 1, 2025, affecting trading and payment schedules.
More about Windward Ltd.
YTD Price Performance: -2.88%
Average Trading Volume: 255,661
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £179.1M
For an in-depth examination of WNWD stock, go to TipRanks’ Stock Analysis page.