Private Equity
London’s Hyve Group considers £306m offer from US’ Providence Equity
Hyve's share price jumped 15% on 21 February after confirmation of a 'preliminary and conditional approach from Providence Equity regarding a possible cash offer' of 105p per share
Providence Equity has made a takeover approach for Hyve Group, the London-listed exhibition business.
The US-based private equity house has proposed a £306m offer for Hyve, which runs events such as investor conferences and fashion trade shows across the world.
