Brief: Searchlight Capital To Buy Gresham House For About $615 mln

Gresham House

17/07/2023 07:21

July 17 (Reuters) - SEARCHLIGHT CAPITAL: 
    * RECOMMENDED FINAL CASH OFFER FOR GRESHAM HOUSE PLC
    * SHAREHOLDER WILL BE ENTITLED TO RECEIVE: FOR EACH GRESHAM
HOUSE
SHARE HELD 1,105 PENCE IN CASH
    * ACQUISITION VALUES ENTIRE ISSUED AND TO BE ISSUED SHARE
CAPITAL
OF GRESHAM HOUSE AT APPROXIMATELY £469.8 MILLION
    * GRESHAM HOUSE DIRECTORS INTEND TO RECOMMEND UNANIMOUSLY
THAT
GRESHAM HOUSE SHAREHOLDERS VOTE IN FAVOUR OF DEAL

Source text for Eikon:  ID:nRSQ1482Ga 
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