Unknown funds managed and/or advised by ICG Europe Fund IX GP S.a.r.l. proposed to acquire GlobalData Plc (AIM:DATA) on April 30, 2025. The Board is in preliminary discussions with each of ICG. There can be no certainty that any firm offer for GlobalData will be made by ICG, nor as to the terms on which any offer might be made. In accordance with Rule 2.6(a) of the Code, ICG required, by not later than 5.00 p.m. (London time) on May 28, 2025, to either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that they do not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel on Takeovers and Mergers in accordance with Rule 2.6(c) of the Code.
As of May 28, 2025, The Board remains in discussions with ICG. Accordingly, the Board and the Panel on Takeovers and Mergers have consented to an extension of the deadline set out above in respect of ICG only. Consequently, in accordance with Rule 2.6(a) of the Code, ICG is now required, by not later than 5.00 p.m. (London time) on June 11, 2025, to either announce a firm intention to make an offer in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel on Takeovers and Mergers in accordance with Rule 2.6(c) of the Code.
Khamran Ali and Warren Stables of Goldman Sachs International acted as financial advisor for GlobalData Plc. J.P. Morgan Securities plc acted as financial advisor for GlobalData Plc.
Unknown funds managed by ICG Europe Fund IX GP S.a.r.l. cancelled the acquisition of GlobalData Plc (AIM:DATA) on June 11, 2025.
Unknown funds managed by ICG Europe Fund IX GP S.a.r.l. cancelled the acquisition of GlobalData Plc.
Published on 06/11/2025 at 17:50
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