The acquisition of Equiniti by Earth Private Holdings (Bidco) is now complete and the entire share capital of EQ is owned by Bidco.
Equiniti and Earth Private Holdings are pleased to announce that approval from the FCA has now been received.
Equiniti has provided an update on the proposed acquisition of its share capital by Earth Private Holdings Ltd, owned by funds managed by Siris.
Siris will need to decide until May 28, 2021 on whether it would announce a firm intention to make an offer for Equiniti.
Equiniti has received a revised non-binding acquisition proposal from Siris of 180 pence per share in cash.
Equiniti confirms that it has received a highly conditional non-binding proposal from Siris to acquire its share capital.