Aim-listed tech company agrees huge takeover deal

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City AM

Aim-listed tech company agrees huge takeover deal

Ashtead Technology is set to become the latest company picked off the London Stock Exchange after agreeing to a £505m takeover by a New-York based private equity firm. Ember Infrastructure Management agreed to pay 615p per share in cash for the underwater technology firm. This represents a staggering 80.9 per cent premium on Ashtead’s closing [...]