Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Kin & Carta PLC - London-based business software consultancy - Apax Partners LLP says it is ‘considering its options’, after takeover target Kin & Carta last week said it has accepted a rival bid. Kin & Carta said it has accepted an offer of 130 pence per share from funds advised by London-based BC Partners LLP, trumping a previously agreed 120p bid from Apax. The BC Partners offer values Kin & Carta at £239 million. Apax on Wednesday notes that the ’no increase statement’ relating to its own offer price is no longer in effect and has been set aside.
Current stock price: 132.00p
12-month change: down 39%
Copyright 2023 Alliance News Ltd. All Rights Reserved.