
Hyve Group to be acquired by Providence Equity Partners in £481m deal16th March 2023 | published by EW SHARE
Providence Equity Partners has agreed a deal to acquire Hyve Group.
The terms of the offer are 108p in cash for each Hyve share and the deal values the international exhibition organiser at approximately £481m.
A previous bid of 105p per share had been rejected. The Hyve directors, who have been advised by Goldman Sachs International and Numis as to the financial terms of the acquisition, said they considered the new terms of the acquisition to be fair and r...
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