GlobalData - ICG Europe Fund backs out of possible bid
- Mark Watson-Mitchell
- Jun 11
- 1 min read
11.06.2025
This morning ICG Europe Fund IX has declared that it does not intend to make an offer for GlobalData.
ICG follows KKR which also backed out of a possible bid.
Both companies undertook lengthy discussions with GlobalData over their potential efforts to acquire the data analytics and consulting services group.
GlobalData shares, which closed last night at 172.50p, valuing the group at £1.3bn, are expected to fall back to around the 140p/150p level this morning in reaction to the news.
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