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Accel-KKR, through Avocet Bidco Limited, made a recommended all-cash acquisition offer for Eleco plc at 235 pence per share, valuing the company at approximately £207.6 million.
“The acquisition, to be implemented via a scheme of arrangement, is supported by Eleco shareholders representing 45.2% of the company's shares.”investegate.co.uk
Summarized from public sources; check the original articles before acting on it.