Anexo Group Deems Unpreceded Takeover Offer as Fair and Reasonable: Announcement Stirs Fascination Across Sectors

A bounty of excitement and curiosity is radiating across the global business ecosystem with the latest update from Anexo Group PLC. The company has made an announcement to remember: they’ve received an unconditional takeover offer of immense potential. The details of the strategic change were unveiled in an updated recommendation statement, causing a wave of interest across the financial sector. The Joint Bidders and Independent Anexo Directors first relayed news of this offer back on 22nd July 2025. Alongside this prominent takeover offer, Anexo disclosed a return of capital to the tune of £12 million for Eligible Shareholders via a ‘Tender Offer’, equivalent to a generous 60 pence per Anexo Share. Following consultations with the takeover panel, this offer is solely recommended by Independent Non-Executive Directors Chris Houghton, Richard Pratt, and Roger Barlow. These three key players in the company unanimously advocate for the offer. With the backing of the advisory firm, Grant Thornton, the Independent Anexo Directors thoroughly evaluated the financial aspects of both the Tender Offer and the Takeover Offer. According to Grant Thornton’s advice, the Offer Price is within a fitting spectrum of corresponding multiples. Additionally, the suggestion is that there is potential for an increase in the diesel emission litigation claims. Despite these claims being at their infancy and too early to estimate, the Independent Directors expect no significant weightage of these claims in the takeover offer. The Independent Anexo Directors also emphasized the upswing potential for shareholders who would indirectly profit from the diesel emission litigation claims should they consider accepting the Alternative Offer for Consideration Shares. Significantly, the Independent Directors highlighted that the Offer Price is at a premium of 17.6 per cent compared to Anexo Share’s closing price on 17th April 2025. Furthermore, it also boasts a 13.9 per cent premium compared to Anexo’s volume-weighted average price leading up to the offer period. In light of these revelations, the Independent Directors affirm that the Takeover Offer and the Tender Offer are reasonable and fair. They stress the importance of shareholders understanding the uncertainty of Anexo Shares’ future trading on AIM. And, while echoing the Joint Bidders’ intent to seek a de-listing, they deemed the offers beneficial to all stakeholders.