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Ashtead Technology receives $660 million takeover proposal from Ember
Source: reuters.com
M&A & RestructuringInfrastructure & Defense
Ashtead Technology received a non-binding indicative takeover proposal from Ember Infrastructure Management valuing the British subsea technology firm at approximately £498 million ($659.75 million). The proposal could drive a material re-rating in Ashtead shares, though the transaction remains preliminary and is not binding.
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