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Homeserve PLC - Walsall, England-based home repairs company - Brookfield Infrastructure Partners Ltd receives irrevocable undertakings for 43.0 million Homeserve shares to accept its takeover offer, 12.8% of the company. In mid-May, Homeserve accepted an offer from Brookfield to acquire the company for 1,200 pence in cash per share, valuing Homeserve at £4.08 billion.
At the upcoming general and court meetings, expected to take place in July, the takeover requires at least 75% in shareholder approval.
Current stock price: 1,162.00 pence
12-month change: up 23%
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