Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Equiniti Group plc
  6. News
  7. Summary
    EQN   GB00BYWWHR75

EQUINITI GROUP PLC

(EQN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Equiniti : receives sweetened £661m takeover bid from US private equity firm

04/28/2021 | 06:20am EDT

Equiniti Group has received a revised offer from US private equity investor Siris Capital, to buy the outsourcer for around £661m in cash.

Siris revised its bid to 180 pence per share following discussions, London-listed Equiniti said.

Read more: Equiniti chairman admits 2020 was a ‘difficult year for shareholders’ as profits tumble

In early April, Siris submitted a non-binding proposal for 170 pence per share, which Equiniti said it would evaluate “carefully in all respects”.

Rothschild & Co and Citi are acting as Equiniti’s advisers.

Equiniti, which manages pensions, employee share schemes and other back-office services for FTSE 100 companies, had a tough year last year, with the business recording reduced revenue, EBITDA and profit in its annual results.

The post Equiniti receives sweetened £661m takeover bid from US private equity firm appeared first on CityAM.

© City AM, source Newspaper

All news about EQUINITI GROUP PLC
06/18FORM 8.3 - THE VANGUARD GROUP, INC.  : Equiniti Group plc
DJ
06/18EQUINITI  : Samson Rock Capital LLP - Form 8.3 - Equiniti Group Plc
PR
06/16FORM 8.3 - THE VANGUARD GROUP, INC.  : Equiniti Group plc
DJ
06/16EQUINITI  : Samson Rock Capital LLP - Form 8.3 - Equiniti Group Plc
PR
06/14FORM 8.3 - THE VANGUARD GROUP, INC.  : Equiniti Group plc
DJ
06/14EQUINITI  : Samson Rock Capital LLP - Form 8.3 - Equiniti Group Plc
PR
06/11EQUINITI  : Samson Rock Capital LLP - Form 8.3 - Equiniti Group Plc
PR
06/11UK's Sanne agrees to sit down with Cinven after fund makes higher offer
RE
06/10FORM 8.3 - THE VANGUARD GROUP, INC.  : Equiniti Group plc
DJ
06/09EQUINITI  : Samson Rock Capital LLP - Form 8.3 - Equiniti Group Plc
PR
More news
Financials
Sales 2021 465 M 642 M 642 M
Net income 2021 34,0 M 46,9 M 46,9 M
Net Debt 2021 251 M 346 M 346 M
P/E ratio 2021 20,2x
Yield 2021 1,34%
Capitalization 664 M 916 M 917 M
EV / Sales 2021 1,97x
EV / Sales 2022 1,85x
Nbr of Employees 5 288
Free-Float 98,5%
Chart EQUINITI GROUP PLC
Duration : Period :
Equiniti Group plc Technical Analysis Chart | EQN | GB00BYWWHR75 | MarketScreener
Technical analysis trends EQUINITI GROUP PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 187,50 GBX
Last Close Price 181,20 GBX
Spread / Highest target 15,9%
Spread / Average Target 3,48%
Spread / Lowest Target -0,66%
EPS Revisions
Managers and Directors
NameTitle
Paul Anthony Lynam Chief Executive Officer & Director
John Robert Stier Chief Financial Officer & Executive Director
Philip Edward Yea Independent Non-Executive Chairman
Kevin O'Connor Chief Information Officer
Thera Roeline Prins Group Chief Operating Officer
Sector and Competitors
1st jan.Capitalization (M$)
EQUINITI GROUP PLC64.13%916
CINTAS CORPORATION0.40%37 279
TELEPERFORMANCE SE19.94%22 658
EDENRED SA7.15%14 675
LG CORP.7.83%14 529
BUREAU VERITAS SA23.12%14 278