The verge of acquisition for FD Technologies, the tech company based in Newry, looms large as a U.S.-based enterprise prepares to take control.
The company’s board of directors mentioned they have been approached by TA Associates, a private equity firm based in Boston, with several offers.
The latest proposal was at £24.50 per share, contrasting with the previous day’s closing market price of £19.30 per share.
The board stated that if TA Associates submits a formal offer priced at £24.50 per share, they intend to advise shareholders to consider accepting the transaction.
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