{"id":16771,"date":"2026-09-23T21:32:59","date_gmt":"2026-09-23T21:32:59","guid":{"rendered":"https:\/\/stock999.top\/?p=16771"},"modified":"2026-09-23T21:32:59","modified_gmt":"2026-09-23T21:32:59","slug":"ashtead-technology-in-498m-takeover-approach-daily-business","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=16771","title":{"rendered":"Ashtead Technology in \u00a3498m takeover approach \u2013 Daily Business"},"content":{"rendered":"<p>            <\/p>\n<p>Allan Pirie, Ashtead CEO<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Subsea technology firm Ashtead Technology has received a \u200ctakeover proposal from Ember Infrastructure Management pitched at 615p per share, valuing the Aberdeen company \u200bat about \u00a3498 million.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">This is the fourth approach following previous unsolicited and non-binding indicative proposals from Ember, the first two of which were unequivocally rejected by the board.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">In a statement issued to the London stock exchange just before the close of trading it said it is considering the proposal with its advisers and is providing Ember with preliminary due diligence information.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Ember, a New York based private equity firm, has been given a deadline of 5pm on 21 October to either announce a firm intention to make an offer or walk away.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Ashtead Technology, founded in 1985, provides underwater technology for the global offshore energy industry. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Shares in the company soared 60%, or 205p, to 545p.<\/p>\n<p>           \t            #Ashtead #Technology #498m #takeover #approach #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Allan Pirie, Ashtead CEO Subsea technology firm Ashtead Technology has received a \u200ctakeover proposal from&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[21834,21832,4054,17105,17103,272,306,21833,2328,396],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/16771"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16771"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/16771\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}