Shareholders of AIM-listed advice consolidator AFH will soon have their say on the £225m offer made for the company now the date for the vote has been set.
US-based private equity firm made the offer through recently-incorporated company Cortina Bidco, which was made public on 25 January. Court and general meetings are set for the morning of 1 March, where shareholders will be able to vote on the offer from the private equity house. The AFH independent directors have recommended shareholders vote in favour of the deal and urged them to vote as soon as possible by post or email because of the current coronavirus restrictions on social distancing. The deal is also subject to regulatory approval from the Financial Conduct Authority (FCA). ...
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