Francisco Partners declares Blancco Tech bid unconditional
16/10/2023 07:21
LONDON, Oct 16 (Reuters) - Francisco Partners has
declared an offer to take over Blancco Technology Group
BLTGB.L unconditional after securing about 75% of the
company's share capital, it said in a statement on Monday.
The buyout group Blancco would now "make an application to
the London Stock Exchange for the cancellation of the admission
to trading of Blancco shares on AIM", it said.
(Reporting by Pablo Mayo Cerqueiro; editing by Jason Neely)
((Pablo.MayoCerqueiro@thomsonreuters.com;))