08:06 AM EDT, 10/30/2026 (MT Newswires) -- Tribal Group (TRB.L) said conditions for its proposed sale to Main Capital Partners-backed Thames Bidco were satisfied following regulatory approval under the UK's National Security and Investment Act, according to a Friday release. In September, the education-related software and services company agreed on its 189.3 million-pound-sterling cash sale to Thames Bidco. Upon deal closing, expected in November, Tribal Group plans to "proceed swiftly" with cancelling the listing of its shares on the London stock exchange's AIM segment. The board also plans to return net cash proceeds to shareholders "as soon as reasonably practicable" through a solvent voluntary liquidation.

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.