Betaville Intelligence

RARE ALERT: Intertrust N.V. said to ...

Monday, 22 November 2021, 4:11 pm

Speculation is mounting Intertrust N.V., the trust and fund administration company, has received a higher offer.

People following the situation have heard rumours Intertrust may have received an offer of as much as EURO 20 a share.

The talk comes after Intertrust agreed to enter into exclusive talks with CVC Capital Partners about a deal that would see the private equity firm buy the business for EURO 18 a share.

It's unclear whether the rumoured higher came from CVC or a rival bidder, said these people following the situation...

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