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Infinis agrees takeover by Terra Firma

22 October 2015 09:12

Infinis Energy has agreed a recommended takeover by Monterey Capital II Sarl, a subsidiary of Terra Firma, which already holds a 68.5% stake in Infinis.

The 185.0p per share offer represents a premium of 40.0% to last night's closing price of 131.75p and values the company at £555.0m.

At 9:12am: (LON:INFI) Infinis PLC share price was +51.5p at 183.25p

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