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Thames Bidco Closes Acquisition of Tribal Group
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12:08 PM EST, 11/10/2026 (MT Newswires) -- Thames Bidco completed its purchase of Tribal Group (TRB.L), following shareholder approval and regulatory clearance under the UK's National Security and Investment Act. The education-related software and services company said Tuesday that it has received the 225.1 million-pound-sterling cash consideration and the 6.1 million-pound payment for option holders. An initial distribution to shareholders will be made in the fourth quarter, subject to shareholder approval of the proposed members' voluntary liquidation as well as the appointment of joint liquidators on Dec. 7. Tribal is set to be delisted from the London bourse's AIM segment on Dec. 22.
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