Gamma Communications delays investor vote on £1.02bn takeover
UKPulse Money Desk
Gamma Communications has postponed a crucial investor vote regarding a £1.02 billion takeover bid from British private equity group Epiris.
- Gamma Communications has agreed to a £1.02 billion bid from Epiris.
- The takeover would result in Gamma Communications exiting the FTSE 250.
- Gamma provides phone, messaging, and video meeting services to businesses.
Gamma Communications has delayed a significant investor vote concerning a £1.02 billion takeover offer. The company, which supplies phone, messaging, and video meeting services to businesses, confirmed its agreement to the bid from British private equity group Epiris.
This acquisition would lead to Gamma Communications being removed from the FTSE 250 index.