Source - Alliance News

Equals Group PLC - London-based payment platform developer - Receives improved indicative non-binding proposal from the consortium comprising Embedded Finance Ltd and TowerBrook Capital Partners (UK) LLP regarding a possible all-cash offer at 135 pence per share. The improved proposal is subject to due diligence. First proposal was received in March, terms were not disclosed. The consortium has until August 7 to submit a firm proposal.

Current stock price: 115.75 pence

12-month change: up 17%

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Equals Group PLC (EQLS)

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