GlobalData Gets Preliminary Takeover Offers from KKR, ICG Europe

MT Newswires Live
Yesterday

GlobalData has received preliminary, conditional takeover offers from KKR (KKR) and ICG Europe Fund IX, the UK-based data analytics and consulting firm said in a statement to the London Stock Exchange on Wednesday.

Without disclosing the terms of the offers, the company said it was in preliminary talks with both potential acquirers and cautioned that there is no certainty any deal will occur.

Under the UK Takeover Panel code, KKR and ICG have until May 28 to either make formal offers for the company or withdraw.

Price: 111.92, Change: -2.43, Percent Change: -2.13

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10