-+ 0.00%
-+ 0.00%
-+ 0.00%
Gooch & Housego Agrees to GBP346 Million Takeover Offer from Arlington Capital Partners' Bidco
Share
Listen to the news
03:37 AM EDT, 07/16/2026 (MT Newswires) -- Gooch & Housego (GHH.L) said Thursday it agreed to terms of a recommended cash acquisition from Arlington Capital Partners VII's Greenlight Bidco at a valuation of 345.6 million pounds sterling. The shareholders of the optical components and systems manufacturer will receive a total of 12.349 pounds per share, comprising 12.30 pounds per share in cash and the interim dividend of 0.049 pound per share declared on June 2. Gooch & Housego's directors intend to unanimously recommend that shareholders vote in favor of the scheme at the court meeting. Closing is expected in the fourth quarter, subject to the satisfaction or waiver of requisite conditions. Trading in Gooch & Housego shares is expected to end on the business day before the scheme takes effect, with the company set to delist from London's AIM and re-register as a private limited company thereafter.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending