Downing Renewables & Infrastructure agrees recommended cash offer from Bagnall

Downing Renewables & Infrastructure Trust (DORE) has announced that its board has agreed terms for a recommended all-cash acquisition by Polar Nimrod Topco Limited (Bidco), a newly formed vehicle wholly owned by Bagnall Energy Limited. The transaction, which will be implemented via a Court-sanctioned scheme of arrangement, values DORE at approximately £174.6m, or 102.6016p per … Continue reading Downing Renewables & Infrastructure agrees recommended cash offer from Bagnall