Attraqt shares suspended as takeover by Crownpeak becomes effective

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Attraqt Group PLC on Tuesday confirmed it now is owned by Crownpeak Holdings LLC after last month’s court sanction of the takeover scheme of arrangement.

Attraqt shares were suspended from trading on AIM on Tuesday and will be cancelled on Wednesday.

The acquisition brings Crownpeak greater scale in the UK and European markets and represents a platform from which to grow its geographic reach.

In September, Attraqt Group said the £63.2 million buyout was backed by shareholders in court and general meeting.

By Tom Budszus, Alliance News reporter

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