DWF on the block for £342m after confirming talks with PE firm Inflexion
Manchester-based global law firm, DWF, is in talks over a possible £342m buyout.
The firm floated on AIM in March 2019, with shares opening trading at 122p, valuing the business at £366m.
DWF today responded to media speculation over a potential takeover by confirming it is in discussions with Inflexion Private Equity Partners regarding a possible cash offer worth a total of 100p per share.
Shareholders would receive a cash consideration of 97p per share, plus a dividend for the six month period ended April 30, 2023, of thr... You can carry on reading TheBusinessDesk.com 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...
