Allegro agrees take-private of Australian law firm
Allegro Funds has agreed to acquire Slater & Gordon, a Melbourne-headquartered law firm that trades on the Australian Securities Exchange, at a price that equates to a market capitalisation of around AUD 77.6m (USD 52.3m).
The specialist turnaround investor has won board approval for an off-market takeover at AUD 0.55 per share, subject to a minimum acceptance threshold of 50.1%, according to a filing. The offer will cover...
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