UK's Alpha Financial Markets Consulting rises on $795.33 mln takeover bid

Alpha Financial Markets Consulting

20/06/2024 09:00

** British consultancy firm Alpha Financial Markets
Consulting shares  AFM.L  up 3.5% at 496p
    ** AFM agrees to private equity firm Bridgepoint's about 626
million pounds ($795.33 million) takeover proposal
    ** Final offer places co's shares at 505 pence per share
    ** Separately, co reported a 12.5% decline in FY adj pre-tax
profit with revenue rising 3%
    ** AFm shares rose about 27% YTD


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