Daisy buyout: Deadline extended

Daisy buyout: Deadline extended

The deadline for Daisy Group's buyout has been extended untill the 22nd of Septemeber. Daisy Group CEO Matthew Riley launched a £470m bid to take the business private with a consortium made up of Daisy Group’s largest shareholder Toscafund Asset Management and private equity group Penta Capital at the end of last month.

The extension of the current deadline is to allow consortium to complete its due diligence.

More to follow

 

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