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Frenkel Topping Agrees to £65.8 Million Acquisition by Irwell Bidco

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Frenkel Topping Agrees to £65.8 Million Acquisition by Irwell Bidco

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An announcement from Frenkel Topping ( (GB:FEN) ) is now available.

Frenkel Topping Group PLC has agreed to a recommended offer from Irwell Financial Services Bidco Limited, a company formed by Harwood Private Equity LLP, to acquire all of its issued and to be issued ordinary share capital. The acquisition, valued at approximately £65.8 million, will be implemented through a court-sanctioned scheme of arrangement. The offer provides shareholders with a choice between a cash offer and an alternative offer involving shares and loan notes. The deal represents a premium on the current share price and is expected to enhance Frenkel Topping’s market position and provide potential benefits to its stakeholders.

More about Frenkel Topping

Frenkel Topping Group PLC is a specialist financial and professional services firm operating in the personal injury and clinical negligence marketplace. The company provides expertise and services throughout the lifecycle of a personal injury or clinical negligence claim, aiming to achieve the best long-term outcomes for its clients.

Average Trading Volume: 61,383

Technical Sentiment Signal: Hold

Current Market Cap: £55.92M

Find detailed analytics on FEN stock on TipRanks’ Stock Analysis page.

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