Bregal Capital is seeking to take over IFG Group, Bloomberg reports. The London-based private equity firm may pay €231.2 million for IFG.
As per the deal, shareholders of the Dublin-based pension adviser and administration company will receive a cash offer of €1.80 per IFG unit cum dividend. Bregal may offer an option for IFG shareholders to reinvest their offer proceeds in the bid vehicle.
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