FD Technologies shares surge on US takeover offer
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4 Articles
FD Technologies Receives £542m Takeover Bid From U.S. Private Firm - FinanceFeeds
FD Technologies, one of Northern Ireland’s most prominent tech firms, is at the center of a potential £542 million acquisition by U.S. private equity firm TA Associates. The Boston-based investor proposed an offer of £24.50 per share for all 22.1 million outstanding shares. In a statement to the market, FD’s board said it is “minded to recommend” the proposal, with a formal offer deadline set for June 4. News of the bid sent FD’s London-listed s…
FD Technologies shares surge on US takeover offer
Shares in Newry-based tech firm FD Technologies rocketed on Wednesday as its odds of a US takeover increased. The AIM-listed company’s board of directors issued a statement on Wednesday addressing offers of a takeover from US private equity firm TA Associates. The most recent proposal from TA related to “a possible cash offer” of 2,450p per share. This would value the business at around £550m, and significantly ahead of the firm’s closing price …
FD Technologies in £541 Million Deal Talks with TA Associates Involving Cash and Shares
FD Technologies plc has confirmed it is in advanced discussions with TA Associates Management, L.P. regarding a possible acquisition of the company. The confirmation follows recent movements in FD Technologies’ share price.Cash and Share OfferAccording to the company, it has received several non-binding proposals from funds managed by TA Associates. The most recent was submitted on 24 March 2025. This proposal involves a possible cash offer of £…
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