Alpha Financial Markets rises on takeover interest

Alpha Financial Markets Consulting

01/05/2024 12:42

** Shares of consultancy firm Alpha Financial Markets
 AFM.L  up 37.3% at 460p, highest since June 22, 2023
    ** Co confirms it has received proposal from Bridgepoint
Advisers Limited regarding possible cash offer
    ** Says Cinven Limited is also considering possible offer to
acquire co
    ** Sky News had previously reported AFM was drawing takeover
interests
    ** AFM shares have risen ~19% in 2024


 (Reporting by Yamini Kalia in Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com;))