Betaville Intelligence

RARE ALERT: Redde Northgate said to ... - Part 2

Tuesday, 13 July 2021, 3:58 pm

TDR Capital is said to be the private equity firm that has been circling Redde Northgate, the London-listed vehicle management company.

People following the situation said that TDR Capital is rumoured to have approached Redde Northgate about buying the business for 475p a share.

However, it's believed the approach may have been rebuffed because the company and some of the group's shareholders won't accept less than 500p a share...

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