Ember Values Ashtead Technology Acquisition at About £505 Million
Ember Infrastructure Management says the acquisition is valued at about £505 million on a fully diluted basis.
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07:15:10 AM UTC
SquawkNews
Under the terms of the acquisition, announced on Wednesday, Ashtead shareholders will receive 615p per share in cash. This is a premium of around 80.9% to the closing share price on 22 September, which was the last business day prior to the offer period.New York-based Ember said Ashtead Technology'…