Equiniti eyed for 315-325p-per-share bid by GTCR - report
13 OCT 2018
GTCR, a US-based private equity company, is rumoured to be considering a takeover offer for London-based financial-services outsourcer Equiniti [LON:EQN], Betaville reported. People claiming familiarity with the situation said GTCR may be prepared to pay within the 315p-325p per share range, the item reported.
The sources said Greenhill and Goldman Sachs are acting as advisers on the potential deal, which could be worth more than GBP 1bn (USD 1.3bn). Equiniti has a GBP 771m market cap.