LONDON: Intrepid Bidco Ltd., a newly formed entity wholly owned by funds managed or advised by U.S.-based private equity firm HGGC LLC, has launched a recommended all-cash offer to acquire Inspired PLC, a U.K.-based energy and sustainability services provider, the companies announced Thursday. Under the terms of the deal, Inspired shareholders will receive 81 pence…
LONDON: Private equity firm HGGC, LLC confirmed Tuesday that it is in advanced discussions with Inspired Plc over a possible cash offer of 81 pence per share, a bid that could result in a full acquisition of the company. HGGC, the third party referenced in Inspired’s May 21 response to an unsolicited offer from Regent…
LONDON, UK: Inspired Plc announced the appointment of Dianne Walker to the Board as an independent Non-Executive Director with immediate effect. As described in the Group’s Board Changes announcement in May, the Board has sought the appointment of a fourth independent Non-Executive Director who will assume the role of chairing the Audit Committee. Dianne is…