Equals Group plc (LON:EQLS) today provided an update on the review of its strategic options.
On 10 July 2024 the Board of Equals announced that it had received an improved indicative non-binding proposal from the consortium comprising Embedded Finance Limited (“Railsr”) and TowerBrook Capital Partners (U.K.) LLP regarding a possible all-cash offer for the entire issued and to be issued share capital of Equals at a price of 135 pence per Equals Share.
On 4 September 2024 the Board announced that J.C. Flowers & Co. LLC had joined the Consortium and that discussions in relation to a fully equity financed…
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