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Sparks commentary - Epwin Group

Industrials

Sparks - Epwin Group

More on this equity
Epwin Group (LSE: EPWN) has agreed cash offer from Laumann Group
Published by Andy Murphy

Epwin has announced an all-cash offer from private German company Laumann UK for the entire share capital of Epwin. The offer of 120p per share is recommended by Epwin’s directors and represents a premium of  31.9% over the previous day’s closing price, a 25.2% premium over the weighted average price of the previous six months and 42.0% over the closing price on the day prior to the initial offer. Laumann Group has some operations in the UK and the addition of Epwin greatly increases its presence in this key market.

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