Perficient shares skyrocket on $3 bln go-private deal with EQT AB

Perficient

06/05/2024 09:58

** Shares of U.S.-based digital consultancy firm Perficient
 PRFT.O  rise 52.5% to $73.37 premarket 
    ** Swedish private equity firm EQT AB  EQTAB.ST  to acquire
co in all-cash deal valued at about $3 bln
    ** EQT to pay $76/ share, representing a nearly 58% premium
to Perficient's last close on Friday
    ** Upon deal close, Perficient to go private with Tom Hogan
continuing as co's chief executive
    ** Co withdraws its previously announced forecast for 2024,
suspends any further updates as a result of pending deal
    ** Transaction expected to close by the end of 2024
    ** Up to Friday's close, stock had fallen 26.9% YTD

 (Reporting by Khushi Singh in Bengaluru)
 ((Khushi.Singh@thomsonreuters.com;))