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GRC International Group Receives Shareholder Approval for Takeover

GRC International Group Receives Shareholder Approval for Takeover

GRC International Group Plc (GB:GRC) has released an update.

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GRC International Group plc has announced the successful passage of all resolutions related to its acquisition by Bloom Seed Bidco Limited, a firm backed by investment funds from Bloom Equity Partners Management, LLC. The acquisition, which is structured as a court-sanctioned scheme of arrangement, received overwhelming support from shareholders, with over 99% voting in favor. The completion of the acquisition is subject to court approval and other conditions, with key dates and further announcements to be made available on GRC’s website.

For further insights into GB:GRC stock, check out TipRanks’ Stock Analysis page.

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