AM Online

Update: Inchcape will acquire EMH on Feb 6

Inchcape has received 93.67% of acceptances from EMH shareholders for its cash offer of £262.9 million cash offer for the entire share capital of the company.

This means the company can automatically acquire the remaining 6.33% of EMH shares under the Companies Act 2006. However, Inchcape has extended its deadline for acceptances for a third time until February 6. After this date, Inchcape will own the entire share capital of EMH.

If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Login to comment


No comments have been made yet.