Global investment bank swoops for listed PTSG in £265m deal

A global investment banking and financial services firm has announced its intention to acquire specialist services provider Premier Technical Services Group (PTSG) in a deal valuing the listed firm at £265.3m. Bidco, a newly-incorporated company established on behalf of Macquarie Principal Finance Pty, the UK branch of Macquarie Group, announced its acquisition plans for the Castleford-headquartered business this morning. PTSG directors have recommended that shareholders approve the plan.

As part of the deal, PTSG's... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...