The parent company of top UK law school BPP has accepted a £303.5m takeover offer from a US education provider in a move that will be closely watched by the legal profession. BPP Holdings today (8 June) made an announcement on the London Stock Exchange that the all-cash offer by Apollo Global worth 620p per share - a premium on Friday's closing price of 567p - had been agreed by the board of BPP, subject to a shareholder vote.
June 08, 2009 at 11:31 AM
1 minute read
The original version of this story was published on Legalweek
The parent company of top UK law school BPP has accepted a £303.5m takeover offer from a US education provider in a move that will be closely watched by the legal profession.
BPP Holdings today (8 June) made an announcement on the London Stock Exchange that the all-cash offer by Apollo Global worth 620p per share – a premium on Friday’s closing price of 567p – had been agreed by the board of BPP, subject to a shareholder vote.
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