Carpetright Plc to be acquired by Meditor Holdings Limited

  • Nov 15, 2019 GMT
  • Team Kalkine
  • The Boards of the two companies have agreed to the recommended cash offer to be made by the acquiring company
  • As on date, Meditor fund is the beneficial owner of 29.9% of the issued shares of Carpetright Plc
  • The scheme document is expected to be published within 28 days of the present announcement
  • On 15th November 2019, CPR shares were trading at GBX 4.85 at GMT 10:57 AM, up 0.60 points or 14.25% from the previous day’s closing price level.

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