RPS Group to join FTSE 250, as Vistry buys Countryside Partnerships

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Countryside Partnerships PLC will leave the FTSE 250 index on Friday, as its takeover by midcap peer Vistry Group PLC takes effect

After the £1.25 billion takeover, the enlarged Vistry will remain in the FTSE 250.

Stepping up to take Countryside's place is RPS Group PLC. RPS is an Abingdon, England-based professional services firm.

RPS is currently in the process of being acquired by California, US-based consulting and engineering firm Tectra Tech Inc. Last week, a majority of its shareholders voted in favour of the £636.0 million offer. Completion of the acquisition remains subject to the satisfaction of certain conditions.

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