AFH shareholder vote on £225m private equity deal delayed

Last month (10 February), the US-based private equity firm set Monday morning (1 March) as the date for its shareholders to have their say on the £225m offer made by US-based private equity firm Cortina Bidco, which was made public on 25 January. However, in a market update published this morning, AFH said it intended to adjourn the court and general meetings, which were set to commence at 11am and 11:15am respectively. AFH said it will announce the postponement of the meetings in "due course" and, until then, has requested suspension of trading in its ordinary shares on AIM and of tr...