UK's DWF Group jumps after Inflexion reaches agreement to buy co

DWF

21/07/2023 12:09

** Shares of law firm DWF Group  DWF.L  up as much as 9.6%
at 93p
    ** DWF says London-based Inflexion Private Equity Partners
reached agreement to buy co
    ** Says proposed deal for 100 pence per share, which is a
17.9% premium of co's last close on Thursday
    ** Adds deal includes cash consideration of 97 pence per DWF
share and a special dividend of 3 pence per DWF share
    ** Stock up by 29.4% since July 10, when deal was first
announced
    ** As of last close, stock up 5.4% this year
   


($1 = 0.7783 pounds)

 (Reporting by Hani Kollathodi in Bengaluru)
 ((Hani.Kollathodi@thomsonreuters.com))