FD Technologies in £541 Million Deal Talks with TA Associates Involving Cash and Shares

By: finance magnates|2025/05/07 19:31:26
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FD Technologies plc has confirmed it is in advanceddiscussions with TA Associates Management, L.P. regarding a possible acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of the company. The confirmation follows recent movements in FDTechnologies’ share price. Cash and Share Offer According to the company, it has received severalnon-binding proposals from funds managed by TA Associates. The most recent wassubmitted on 24 March 2025. This proposal involves a possible cash offer of£24.50 per share for the entire issued and to be issued share capital of FDTechnologies. The proposal also includes an unlisted share alternative. As of 25 April 2025, FD Technologies has 22,102,739 sharesin issue. Based on the proposed offer price, the deal would value the companyat approximately £541.5 million. FD Technologies stated that if a firm offer is made on thesame financial terms, and subject to agreement on other conditions, its Boardwould be inclined to recommend the offer to shareholders. You may find it interesting at FinanceMagnates.com: FDTechnologies to Sell First Derivative Business for £230 Million . No Certainty of Final Takeover Offer However, the company noted that there is no certainty a firmoffer will be made. It added that a further announcement will be provided ifand when appropriate. TA Associates must announce a firm intention to make anoffer or withdraw its interest by 5.00 p.m. on 4 June 2025. This deadline maybe extended with the consent of the UK Panel on Takeovers and Mergers. TA Associates can make a lower offer if the FD TechnologiesBoard agrees, if another bidder offers less, or if FD Technologies plans areverse takeover. In the event FD Technologies pays any dividend or otherreturn of value to shareholders, TA Associates may reduce the offer priceaccordingly. It also reserves the right to alter the structure or compositionof any future offer. FD Technologies plc has confirmed it is in advanceddiscussions with TA Associates Management, L.P. regarding a possible acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of the company. The confirmation follows recent movements in FDTechnologies’ share price. Cash and Share Offer According to the company, it has received severalnon-binding proposals from funds managed by TA Associates. The most recent wassubmitted on 24 March 2025. This proposal involves a possible cash offer of£24.50 per share for the entire issued and to be issued share capital of FDTechnologies. The proposal also includes an unlisted share alternative. As of 25 April 2025, FD Technologies has 22,102,739 sharesin issue. Based on the proposed offer price, the deal would value the companyat approximately £541.5 million. FD Technologies stated that if a firm offer is made on thesame financial terms, and subject to agreement on other conditions, its Boardwould be inclined to recommend the offer to shareholders. You may find it interesting at FinanceMagnates.com: FDTechnologies to Sell First Derivative Business for £230 Million . No Certainty of Final Takeover Offer However, the company noted that there is no certainty a firmoffer will be made. It added that a further announcement will be provided ifand when appropriate. TA Associates must announce a firm intention to make anoffer or withdraw its interest by 5.00 p.m. on 4 June 2025. This deadline maybe extended with the consent of the UK Panel on Takeovers and Mergers. TA Associates can make a lower offer if the FD TechnologiesBoard agrees, if another bidder offers less, or if FD Technologies plans areverse takeover. In the event FD Technologies pays any dividend or otherreturn of value to shareholders, TA Associates may reduce the offer priceaccordingly. It also reserves the right to alter the structure or compositionof any future offer.

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