Amber, a vehicle of infrastructure fund I Squared Capital Advisors and TDR Capital, submitted the highest bid for Spain s Applus+, Spanish regulator CNMV said on Friday, valuing the industrial.
Amber, a vehicle of infrastructure fund I Squared Capital Advisors and TDR Capital, submitted the highest bid for Spain s Applus+, the Spanish regulator CNMV said Friday, valuing the industrial.
Applus board of directors has
issued a favourable opinion on the takeover bids launched by
funds Apollo and Amber, but prefer the latter as the offer price
is higher, the Spanish company said in a.
U.S. buyout firm Apollo said on Wednesday it agreed to buy a 22% stake in the Spain s industrial testing company Applus Services at 10.65 euros per share, raising its previous offer..
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