Reported about 9 hours ago
GlobalData, a UK-based data analytics and consulting firm, has announced it received preliminary takeover bids from private equity firms ICG and KKR, causing its shares to surge by up to 35.9%. The company is currently in discussions with both parties, who must formalize their offers by May 28. Despite a nearly 29% drop in shares this year, GlobalData reported a 32% annual profit growth and aims for significant revenue increases by 2026.
Source: YAHOO