Private equity firm Atlas Holdings has withdrawn from its potential takeover of UK construction materials supplier BRCK Group after failing to secure what it described as sufficient access to company information ahead of a regulatory deadline, according to a report by Reuters.
The US-based investor said its decision followed limited due diligence access, including a virtual data room and a brief management session with BRCK’s chief executive, which it considered inadequate to progress a binding...
Continue Reading
Sign up for FREE to read the full article and access 144K+ alternative investment headlines.
Alternative Investment News