London meets yet another exit as fintech takeover deadline extends.

January 25, 2024
1 min read

London-based fintech company Equals Group has extended its deadline for takeover talks with US private equity firm Madison Dearborn Partners as it considers a potential sale and a move into private hands. Equals Group is just one of many London firms that have faced takeover bids in recent months amid depressed valuations in the capital. A total of 40 firms were either taken private or agreed to a takeover bid in 2023, and experts predict another wave of take-private deals will follow as markets stabilize.

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