Announced
Synopsis
HGGC, a private equity firm, agreed to acquire Inspired, an energy and sustainability advisor, for £183.6m. "We are pleased to announce the recommended all cash offer by HGGC of 81 pence per share, which is clearly superior to Regent's offer of 68.5 pence per share. The Board of Inspired believes that HGGC's Offer represents a certain outcome for shareholders at an attractive value, particularly in light of the volatile market environment, and is pleased to see the strong support for the Offer from Inspired's shareholders. The Board believes that HGGC will be a supportive steward of the business, helping to deliver its future growth potential," Richard Logan, Inspired Chairman of the Board.
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