03:12 AM EDT, 09/01/2026 (MT Newswires) -- Gamma Communications (GAMA.L) agreed to terms of a recommended cash acquisition from private equity firm Epiris GP III-backed Bradbury Bidco, according to a Tuesday release. Bradbury Bidco is offering 11.2 pounds sterling in cash for each Gamma share, valuing the communication services company's entire issued and to be issued ordinary share capital at 1.02 billion pounds. The acquisition will be carried out through a court-sanctioned scheme of arrangement. Gamma Communications' directors plan to unanimously recommend that shareholders vote in favor of the scheme at the court meeting. Closing is expected in the first half of 2027, subject to the satisfaction or waiver of required conditions.

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.