|
Alfa Financial Software Holdings PLC on Friday confirmed that it has received a ‘number’ of takeover offers from EQT, a Swedish private equity firm. The London-based software developer said the proposals are ‘unsolicited’ and ‘non-binding.’ It said the latest offer is at a level of 208 pence per share. This represents a 19% premium to its closing price of 174.50p on Thursday, being the last business day before the announcement. Alfa’s shares closed down 0.5% at 173.69 pence each in London on Friday. EQT are now required to either announce a firm intention to make an offer for Alfa, or say that it does not intend to make an offer, by July 7. ‘There can be no certainty that a firm offer will be made for Alfa,’ the company added. Copyright 2023 Alliance News Ltd. All Rights Reserved.
|
