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Applegreen plc to go private once the transaction is completed. The Irish company's shareholders will get £5.23 per share in cash. A consortium led by Blackstone Infrastructure Partners and B&J Holdings Limited struck a takeover deal with Applegreen plc (LON: APGN) on Tuesday. As per sources, the deal values the Dublin-headquartered gas station operator at roughly £652.73 million. Applegreen shares were reported about 1% up in premarket trading on Tuesday and jumped another 3% on market open. Including the price action, the Irish company is now a little under 10% up in the stock market. If ...

Agreement has been reached on the terms of a cash offer for Applegreen made by BidCo. BidCo is a newly formed company that includes Applegreen founders Robert Etchingham and Joseph Barrett and Blackstone, a multi-billion dollar private equity and investment group. The deal has been unanimously recommended by the independent Applegreen board. Under the terms of the deal, which was first announced earlier this month, Applegreen shareholders will receive €5.75 in cash for each share they own in the company. The acquisition values the entire issued and to be issued share capital of Applegreen a...

By Reuters Staff (Adds premium, details on buyers, comments) Dec 22 (Reuters) - Applegreen said on Tuesday it would be taken private by a consortium led by its founders and Blackstone Infrastructure Partners in a deal that values the Irish petrol station operator at about 718.1 million euros ($877.66 million). The company, founded by Chief Executive Officer Robert Etchingham and Chief Operating Officer Joseph Barrett, said its shareholders would receive 5.75 euros per share in cash, representing a premium of 13.9% to its shares’ last close. “The business has significant scope to further e...

Roadside convenience retailer and forecourt operator Applegreen has revealed that it is in advanced discussions with a consortium in relation to a

Petrol forecourt retailer Applegreen became the target of a bumper takeover deal, while chemicals group Elementis successfully batted away a cut-price bid from an American rival.