Team Internet's board yesterday confirmed that it has received two separate acquisition proposals from TowerBrook Capital Partners and Verdane Fund Manager. Each proposal offers 125p per share in cash, with an option for shareholders to choose an unlisted equity alternative.

08 Jan 2025
Team Internet Group - Two potential bids at 125p

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Team Internet Group - Two potential bids at 125p
Team Internet Group plc (TIG:LON) | 67.4 -1.1 (-2.3%) | Mkt Cap: 165.8m
- Published:
08 Jan 2025 -
Author:
Dan Ridsdale -
Pages:
2 -
Team Internet's board yesterday confirmed that it has received two separate acquisition proposals from TowerBrook Capital Partners and Verdane Fund Manager. Each proposal offers 125p per share in cash, with an option for shareholders to choose an unlisted equity alternative.