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News 2026-09-28 07:13 UTC

CVC Advisers Won't Make Takeover Offer for Bodycote

(06:18 GMT) *CVC Advisers Won't Make Offer for Bodycote (07:10 GMT) CVC Advisers Won't Make Takeover Offer for BodycoteBy Anthony O. GoriainoffCVC Advisers said it won't make an offer for Bodycote after the London-listed company agreed a 1.64 billion-pound ($2.17 billion) takeover by Veritas Capita…

News 2026-09-28 06:40 UTC

CVC drops Bodycote pursuit, clears path for Veritas' $2.5 billion takeover

Private equity firm CVC Advisers said on Monday it does not plan to make an offer for Bodycote LSE:BOY, abandoning its pursuit of the British thermal processing services group.The decision clears the way for US-based private equity firm Veritas Capital, which won Bodycote's backing earlier this mon…