Applegreen plc to go private once the transaction is completed.
The Irish company s shareholders will get £5.23 per share in cash.
A consortium led by Blackstone Infrastructure Partners and B&J Holdings Limited struck a takeover deal with Applegreen plc (LON: APGN) on Tuesday. As per sources, the deal values the Dublin-headquartered gas station operator at roughly £652.73 million.
Applegreen shares were reported about 1% up in premarket trading on Tuesday and jumped another 3% on market open. Including the price action, the Irish company is now a little under 10% up in the stock market. If you are interested in investing in the stock market online, you will need a reliable stockbroker – here’s a list of the top few to make selection easier for you.